To Turn Things Around, Maybe Crocs Should Just Admit Their Shoes Are Ugly

They are so ugly I remember the first time I clapped eyes on them.

crocsAfter a boom in which it seemed everyone and their grandmother owned a pair of the wide, colorful Croslite Crocs, the company is in trouble. To turn things around, the company introduced different styles, including ballet flats and heels. Still, the company reports that net income fell 44 percent for the second quarter, it’s going to need to close as many as 100 of its 624 stores around the world and 183 people will have to be laid off.

“The company is now planning to cut back on its range of styles by 30% to 40%, as a result,” says Business

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in