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Crocs Inc Provides Long-Term Strategy For Sustainable, Profitable Growth
Crocs Inc Announces Commencement Of Offering Of $350 Million Senior Notes
Crocs Q2 Earnings Per Share $4.93
Crocs, Inc. is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. The Company operates through three segments: the Americas, operating in North and South America; the Asia Pacific, operating throughout Asia, Australia, and New Zealand; and Europe, Middle East, and Africa (EMEA), operating throughout Europe, Russia, the Middle East, and Africa. The majority of shoes within the Company's collection contains Croslite material, a molded footwear technology. The Company markets its products in approximately 80 countries through three distribution channels: wholesale, retail, and e-commerce. Its wholesale channel includes domestic and international multi-brand retailers, mono-branded partner stores, e-tailers, and distributors; its retail channel consists of the Company-operated stores; and its e-commerce channel includes the Company-operated e-commerce sites and third-party marketplaces.
13601 Via Varra
Thomas J. Smach
Independent Chairman of the Board
Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
Elaine L. Boltz
Executive Vice President, Chief Operations and Transformations Officer
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Crocs Inc will aim to cut the volume of its shoes and accessories produced in China for the U.S. market by more than two-thirds over the next year, as it guards against the impact of President Donald Trump's trade war with Beijing.
Footwear maker Crocs Inc said on Tuesday by 2020 it would aim to cut the amount of U.S. products that it sources from China by two thirds to mitigate the impact of rising tariffs.
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