Crocs closes his last factories? is this the end?
Crocs. A cult brand that we all know. Whether we like her or not. 16 years ago, the inventors of the rubber pommel conquered the market and made the shoe known worldwide - but today it looks different. Because these flourishing times the company has behind.
Crocs: The crash starts 4 years ago
Back in 2014, the company began radically closing down unprofitable stores, shrinking assortment and changing structures. Crocs tried to save himself from the crash. Although the numbers may seem a little better today, the company is closing its last two factories in Italy and Mexico. In addition, 28 of the 558 stores worldwide have already been closed. By the end of the year, another 132 more episodes. Does that mean the end for the cult brand?
That's what the company does
Not at all! On Twitter, the company confirms that the shoes will continue to exist. However, Crocs wants to focus more on online trading, says CEO Andrew Rees. The shoes are now to be manufactured in factories that are no longer operated by the company itself. Where that will be is not yet clear. The only thing is that you can still get the rubber slippers, if you do not have one yet. And did you know: crocs are even available as high heels!
FALSE ALERT: We are not going anywhere
