Crocs Might Officially Be Exiting The Fashion World
There's no denying that Crocs are comfortable. Whether or not they're fashionable, on the other hand, has always been up for debate. Now, they might literally be going out of style – production has stopped on the shoes.
The company has announced that they're closing their remaining manufacturing facilities, with no word on if or how the shoes will continue to be made. They've already closed their facility in Mexico, and are in the process of closing the facility in Italy.
The company announced that their Chief Financial Officer is resigning, despite reports that earnings and revenue increased in most recent data.
There are some stores still in business, but at this rate it won't be much longer. So, if you're a Croc aficionado, it's time to stock up!