Thursday, July 16, 2009

In the News: "Crocs Shoe Company Stumbles During Recession"

"Once-Trendy Crocs Could Be On Their Last Legs"

About time, really. It's a shame to hear about 2,000 people losing their jobs, but I don't think a company that "swung from a profit of $168.2 million in fiscal year 2007 to a loss of $185.1 million last year" is what you would call "financially stable" company that a person might expect to find good, long-term employment. Go, Crocs; join leisure suits in a melted pile of plastic irrelevance.


Nicholas said...

Thank goodness indeed!

RHW said...

Actually, I'm wearing my Crocs Islanders right now. My kids love Crocs too. Once mine wear out it will be back to the smelly Sperrys for leisuretime barefooted nirvana.


The Cordial Churchman said...

What's upsetting about that loss figure is to think of all the plastic that will sit in landfills, much of it unworn.