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Crocs Inc
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Crocs Reported Sales Slumped 16.1 Percent in The First Quarter
May 12, 2015Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, ...
Tags: Crocs, Sporting Wear
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Crocs Released Its 2014 Sustainability Report Showing Progress
Mar 26, 2015Crocs Inc. released its 2014 sustainability report that showed progress around social compliance audits at its Asian factories and a reduction in hazardous emissions in the production process. The third annual report provides an update on ...
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Crocs Newest CEO Ribat to Continue to Serve as a Director
Jan 29, 2015Crocs Inc. announced its Gregg Ribatt will start working as its new CEO Jan. 28 and that Jason Giordano, managing director of Blackstone's Private Equity Group, has joined its board of directors. Ribatt, who was named at Crocs newest CEO ...
Tags: footwear, apparel, Sporting Goods
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Crocs Announced Several Key Management Changes
Oct 22, 2014Crocs, Inc. announced several key management changes. These changes include the appointment of Bob Munroe to general manager of Crocs Americas region; Greg Sullivan to the new role of senior vice president of global business transformation; ...
Tags: Crocs, footwear, consumer products
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Crocs Announced Michelle Poole Was Appointed as Vice President of Global Merchandising
Aug 22, 2014Crocs, Inc. announced that footwear industry and product merchant leader Michelle Poole has been appointed as its senior vice president of global merchandising. In this newly created role, Poole will be responsible for leading the strategy ...
Tags: Crocs, Michelle Poole, Sporting Goods
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Crocs Hit Reverse Tuesday, Saying It Will Trim Its Product Line, Close Stores
Aug 15, 2014Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
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Crocs, Inc. Reported Earnings Tumbled 78.0 Percent in The First Quarter, to $6.4 Million
May 1, 2014Crocs, Inc. reported earnings tumbled 78.0 percent in the first quarter, to $6.4 million, or 6 cents a share, from $29.0 million, or 33 cents, a year ago. Revenues inched up 0.2 percent to $312.4 million as strong gains in the Asia-Pacific ...
Tags: Sporting Goods, Recreation
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Crocs Inc. Reported a Loss of $66.9 Million in The Fourth Quarter
Feb 26, 2014Crocs Inc. reported a loss of $66.9 million in the fourth quarter, partly due to $49.2 million in non-recurring restructuring charges. Revenues increased 1.6 percent. Fourth Quarter and Full Year Financial Highlights: GAAP revenue ...
Tags: Restructuring Charges, Crocs, Revenue, GAAP
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Crocs, Inc. Announced That Blackstone Group Lp Is Making a $200 Million Investment
Jan 2, 2014Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
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Retail's Big Show Set to Bring Together World's Leading Retailers and Business Partners
Jan 14, 2013Bringing together the world's leading retailers and their business partners, Retail's BIG Show is set to commence next week, offering a speaker lineup never seen before. The four-day convention, held January 13-16, 2013 at the Jacob ...