CROCS INC. news and archive

Crocs expands Takeback Shoe Program across the United States

Footwear brand Crocs has expanded its 'Old Crocs. New Life' shoe takeback program across the nation. Now all Crocs retail and outlet locations in the United States, minus Hawaii and Puerto Rico, feature designated collection boxes where customers can return Crocs footwear in any condition to be upcycled or recycled. Customers can also send back...

BusinessFeatured

Crocs posts Q1 growth, names Susan Healy as CFO

Crocs, Inc. first quarter revenues were 939 million dollars, an increase of 6.2 percent or 6.9 percent on a constant currency basis with direct-to-consumer (DTC) revenue growth of 11.8 percent or 12.3 percent on a constant currency basis and wholesale revenue increase of 3.2 percent or 4.1 percent on a constant currency basis. The company also...

People

Crocs appoints Terence Reilly as EVP and president of Heydude brand

Crocs, Inc. has announced the appointment of Terence Reilly as incoming executive vice president and president for the Heydude brand. Reilly will join the executive leadership team on April 29 and will report directly to Andrew Rees, the company’s chief executive officer. The company said in a statement that Reilly, 56, most recently served as...

Fashion

HeyDude footwear brand launches in the UK

Casual footwear brand HeyDude, one of the fastest-growing brands in the US, is launching in the UK on March 20 as part of its international expansion. The brand, acquired by Crocs, Inc. in 2022, is known for its comfortable and lightweight shoes for men, women, and children, with bestselling styles including the ‘Wally’ and ‘Wendy’ styles...

Business

Crocs expects 2023 revenues to reach 3.95 billion dollars

Crocs, Inc. expects 2023 revenues of approximately 3.95 billion dollars, representing over 11 percent growth compared to 2023. "2023 was a strong year for Crocs, Inc. that culminated in a successful holiday season with market share gains for both brands. Fourth-quarter revenue is now expected to exceed our former guidance and we are raising our...

People

Crocs, Inc. appoints John Replogle and Neeraj Tolmare to the board of directors

Casual footwear brand Crocs, Inc. has appointed John Replogle and Neeraj Tolmare to its board of directors, effective January 1, 2024, to add “new skill sets and extensive brand building experience in consumer facing businesses” to the board. Replogle brings decades of global leadership positions at major consumer brands, including Seventh...

BusinessFeatured

Crocs posts strong revenue growth, forecasts upbeat 2023

Fourth quarter revenue at Crocs, Inc. was 945.2 million dollars, an increase of 61.1 percent from the same period last year or 64.8 percent on a constant currency basis. Direct-to-consumer (DTC), which includes retail and e-commerce, revenues grew 61.2 percent and wholesale revenues grew 61.1 percent. The company’s revenues of 3.6 billion...

Business

Crocs opens new global headquarters

Casual footwear brand Crocs, Inc. announced the opening of its new corporate headquarters in Broomfield, Colorado on Wednesday. The 90,000 square foot facility, located 20 miles outside of Denver, is intended to “put employees’ needs front and center”, as well as allow Crocs to expand its hiring possibilities, the company said. “Niwot was our...

Business

Crocs opens new American distribution center in Daytona, Ohio

Crocs Inc. has opened the doors to a new, 550,000 square foot distribution facility in the U.S. Located in Daytona, Ohio, this center will replace the company's current facility just outside of Los Angeles, California. The Ohio location will serve as the distribution center for all Crocs operations in the U.S. and Canada. It is about 40 percent...