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Crocs Inc

US Q3 in brief – VF Corp, Genesco, Stage Stores

23 January 2020 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Stage Stores has narrowed its net loss, Vince Holding Corp has booked a rise in both earnings and sales, while American Eagle Outfitters has reported record revenue for the period. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. ... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores

1 November 2019 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. ... read more


Casual fashion continues to draw US teen spend

9 October 2019 | Beth Wright

Athletic brands such as Canadian yogawear retailer Lululemon and sportswear giant Nike continue to prove popular with teens in the US, as casualisation of fashion continues despite teen spending falling to the lowest levels in eight years.... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


Crocs to cut China production amid tariff threat

12 June 2019 | Hannah Abdulla

US footwear firm Crocs says the potential impact of any new US tariffs on footwear imports from China will see it cut the amount of US product sourced from China by more than two-thirds over the next year.... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


Crocs to buy back half of Blackstone stake

4 December 2018 | Beth Wright

US footwear manufacturer Crocs Inc is to buy back half of Blackstone Capital Partners' stake in the company.... read more


Crocs shuts own factories to outsource production

10 August 2018 | Beth Wright

US footwear manufacturer Crocs Inc is to close its company-owned manufacturing plants in Italy and Mexico and outsource its entire production to third-party manufacturers.... read more


Crocs loses Europe design protection for clogs

20 March 2018 | Michelle Russell

US footwear manufacturer Crocs Inc has lost the registered design protection for its well-known shoe in the European Union (EU).... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. ... read more


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears

9 December 2016 | Michelle Russell and Beth Wright

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.... read more


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands

9 September 2016 | Michelle Russell and Beth Wright

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. ... read more


Crocs directors and officers sued for antitrust violations

18 August 2016 | Beth Wright

US family-owned footwear company Dawgs Inc has filed a lawsuit against 18 individuals associated with US shoe maker Crocs Inc for fraudulently obtaining and enforcing patents to give it an unfair edge in the market.... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. ... read more


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. ... read more


Crocs sues Evacol over patent infringement

6 January 2016 | Katie Smith

US shoe maker Crocs has filed a patent infringement lawsuit against footwear firm Evacol USA.... read more


Crocs Q2 profit plummets on lower sales

31 July 2015 | Katie Smith

US footwear firm Crocs has seen its second-quarter profit plummet 42.3%, due to lower retail and wholesale sales, especially in Europe.... read more


Crocs makes “meaningful” progress despite Q1 loss

11 May 2015 | Katie Smith

US footwear business Crocs says it continues to make "meaningful progress" in implementing its new business strategy despite swinging to a first-quarter loss - including the appointment of a new SVP of global sourcing.... read more


Success on the horizon for Crocs

27 April 2015 | Michelle Russell

Success is on the horizon for US footwear business Crocs, one analyst believes, with 2015 set to be “a transition year” for the group.... read more


Crocs Asia suppliers score high in compliance

25 March 2015 | Michelle Russell

US footwear business Crocs said its Asia tier-one contract manufacturers scored an average of 90% on social compliance audits last year as it revealed its 2014 sustainability achievements.... read more


Crocs narrows loss but cautious on outlook

27 February 2015 | Michelle Russell

US footwear business Crocs has narrowed its losses in the fourth quarter but said it expects sales in its first-quarter to be down on declines in its China business.... read more


2014: Year in review - Brand winners and losers

17 December 2014 | Lee Adendorff

Successful turnaround plans, strong export growth, and innovative products paid dividends for some brands in 2014, while others were dented by takeover talk, adverse currency impacts and unsubstantiated marketing claims.... read more


Top company strategic reviews of 2014

17 December 2014 | Michelle Russell

Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to heavy promotional activity in order to keep sales up. Subsequently, however, margins and earnings were hit. As a result, a large number of firms were forced to carry out strategic reviews on their business operations in order to turn their businesses around. Here are some of those that just-style has reported on this year.... read more


Crocs appoints Spanx exec Ribatt as CEO

16 December 2014 | Michelle Russell

US footwear business Crocs has appointed veteran footwear and apparel industry executive Gregg Ribatt as its chief executive officer.... read more


Turnaround strategy boosts Crocs Q3 profit

28 October 2014 | Michelle Russell

US footwear business Crocs has booked an increase in earnings in its third-quarter thanks to first results of a turnaround plan implemented by the company in July.... read more


New hires help upgrade Crocs management team

21 October 2014 | Michelle Russell

US footwear business Crocs has made a number of key management appointments intended to help the company to turn its fortunes around.... read more


US: Crocs promotes Poole to global merchandising role

21 August 2014 | Michelle Russell

Footwear business Crocs has promoted product merchant leader Michelle Poole to the newly created role of senior vice president of global merchandising.... read more


US: Crocs shifts strategy and cuts jobs as Q2 profit slumps

22 July 2014 | Richard Woodard

Footwear business Crocs has unveiled a strategic plan aimed at bringing long-term growth to the company after second quarter profits slumped by 34%, including more than 180 global job cuts.... read more


US: Crocs taps former Reebok exec Rees as president

14 May 2014 | Michelle Russell

Plastic clogs maker Crocs Inc has appointed consumer brand management executive Andrew Rees as its president.... read more


US: Crocs Q1 earnings tumble on costs

1 May 2014 | Michelle Russell

Plastic shoe maker Crocs saw its earnings tumble in the first quarter as a result of one-off costs, the impact of the Easter shift and negative currency impacts in Japan and Russia.... read more


US: Crocs records "balanced" Q4 performance

21 February 2014 | Michelle Russell

Plastic shoe maker Crocs said it delivered a "balanced" performance in the fourth quarter, despite its net losses widening.... read more


US: Crocs and Blackstone close $200m investment deal

28 January 2014 | Michelle Russell

Shoe firm Crocs Inc has closed a deal that will see private equity firm Blackstone Group make a US$200m investment in the firm.... read more


US: Crocs CEO to depart as Blackstone invests $200m

2 January 2014 | Leonie Barrie

Private equity firm Blackstone Group is making a $200m investment in Crocs Inc that will give it a 13% stake in the shoe company.... read more


US: Crocs Q3 profit more than halves on weaker revenue

31 October 2013 | Katie Smith

Plastic shoe maker Crocs saw its net profit more than halve during the third quarter, hurt by lower wholesale and internet revenue in the Americas region and Japan.... read more


FRANCE: Sourcing summit to focus on fashion and retail

18 October 2013 | Leonie Barrie

Speakers from Crocs Shoes, DIM/DB Apparel and Nash International are among those lined up to discuss issues related to omni-channel retail, supplier collaboration and preserving margins at a sourcing summit next week.... read more


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