Attention Croc wearing pansies

Clearly there are hoards of Crocs devotees because the Telegraph is reporting that the Colorado shoe company's yearly revenue surpassed $1 billion for the first time ever in its 10-year history. According to Women's Wear Daily, investors snapped up stock in the company yesterday when they heard this news, causing shares to rise 6.3 percent.
 
You mean those like Mobilemercman?????


IMG_1277.jpg
 
Once-trendy brands that lost their cool

crocs pic.jpg

Crocs

All-time high: $75.21; Oct. 31, 2007
Opening price, July 1: $15.08

Although Crocs (CROX)has since expanded into flip flops and wedges, consumers across America still associate the brand with the porous rubber clogs that made it a household name. After going public in 2006 as the largest IPO for a footwear firm in history, the company's shares are now worth about a fifth of what they were in their heyday. Despite Crocs' brand recognition for amphibious footwear, the company says its iconic clogs now account for less than half of its footwear sales.


http://t.money.msn.com/investing/c_galleryregular.aspx?cp-documentid=253822064#image=6
 
Back
Top