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Author Topic: Crocs to close remaining manufacturing facilities; executive to resign  (Read 6390 times)

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Offline mountaineer

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Crocs to close remaining manufacturing facilities; executive to resign
« on: August 09, 2018, 12:43:17 pm »
Crocs to close remaining manufacturing facilities; executive to resign
 By Peter Martinez
 CBS News
 August 8, 2018, 10:46 PM

Crocs Inc. said that it's closing all of its manufacturing facilities, and announced that its chief financial officer will resign.

Crocs (CROX), based out of Niwot, Colorado, noted in a press release Tuesday that a facility in Mexico will shutter and there are plans to close one in Italy. It's unclear what the future of production will be.

The company said Carrie Teffner, executive vice president and chief financial officer, will leave Crocs effective April 1, 2019. Her successor will be Anne Mehlman, who comes from Amazon-owned online shoe retailer Zappos. Mehlman will begin her duties August 24, 2018.

Crocs became popular among hospital and restaurant workers and others toiling on their feet all day after its 2002 launch, with annual sales soaring past $100 million before a fall from favor and experiencing a mixed road business-wise ever since. ... Rest of story
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Online Free Vulcan

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #1 on: August 09, 2018, 07:47:49 pm »
Such is the world of fashion. Fickle and shifty.
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Offline catfish1957

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #2 on: August 09, 2018, 07:59:21 pm »
Quote from: Free Vulcan on August 09, 2018, 07:47:49 pm
Such is the world of fashion. Fickle and shifty.

Fashion?  They are butt ugly but damn comfortable.  Hope someone buys them out.
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Offline truth_seeker

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #3 on: August 09, 2018, 08:48:57 pm »
Quote from: Free Vulcan on August 09, 2018, 07:47:49 pm
Such is the world of fashion. Fickle and shifty.

Too bad Crocs failed. OTOH Skechers is a top brand, for style, quality, etc.
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Offline Sanguine

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #4 on: August 09, 2018, 08:54:59 pm »
It may not be that dire:

Quote
By Irina Ivanova MoneyWatch August 9, 2018, 3:29 PM

Crocs closing manufacturing facilities but will keep making shoes

Crocs sparked a minor panic among fans of its colorful plastic clogs by announcing on Wednesday that the company is closing the last of its manufacturing facilities. But mule-lovers can rest easy -- the footwear maker isn't going of business. Rather, Crocs -- which is profitable -- is closing factories and shutting some stores in a move to cut costs and boost earnings.

Wall Street is pleased. Crocs shares, which have risen 49 percent this year, nosed up further on Thursday.

Most Crocs are already made in factories not owned by the shoe maker. Closing the last of its company-owned facilities, in Mexico and Italy, is part of a plan to completely outsource Crocs' production, a spokesperson for the company said...

https://www.cbsnews.com/news/crocs-closing-manufacturing-facilities-but-not-going-out-of-business-will-keep-making-shoes/

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Offline Wingnut

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #5 on: August 09, 2018, 10:30:39 pm »
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Online Fishrrman

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #6 on: August 10, 2018, 12:08:52 am »
I'd never heard of "Crocs" before, until I read this story...  ;)
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Offline Suppressed

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #7 on: August 10, 2018, 12:19:18 am »
What a coincidence... Just yesterday, I went to Amazon to look into getting a new pair!

They're a godsend for feet and backs.
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Offline ConstitutionRose

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #8 on: August 10, 2018, 02:08:58 pm »
Quote from: truth_seeker on August 09, 2018, 08:48:57 pm
Too bad Crocs failed. OTOH Skechers is a top brand, for style, quality, etc.

Agreed.  I am always thrilled to find them on sale.  I never got the whole Crocus thing.  For me they were never comfortable.  The story says they are still profitable - just improving the bottom line.
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Offline Polly Ticks

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #9 on: August 10, 2018, 02:17:38 pm »
Quote from: Suppressed on August 10, 2018, 12:19:18 am
What a coincidence... Just yesterday, I went to Amazon to look into getting a new pair!

They're a godsend for feet and backs.

@Suppressed
Certain styles/sizes are on Zulily right now.

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Offline Suppressed

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #10 on: August 10, 2018, 02:24:02 pm »
Quote from: Polly Ticks on August 10, 2018, 02:17:38 pm
@Suppressed
Certain styles/sizes are on Zulily right now.

Thanks, @Polly Ticks !  I'll check that out. 

I would be quite the sight in those hot pink ones!

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Offline Polly Ticks

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #11 on: August 10, 2018, 03:39:14 pm »
Quote from: Suppressed on August 10, 2018, 02:24:02 pm
Thanks, @Polly Ticks !  I'll check that out. 

I would be quite the sight in those hot pink ones!

Maybe they have orange ones, too?
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Offline Frank Cannon

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #12 on: August 10, 2018, 03:41:50 pm »
This is the feel good story of the day. Crocks are repugnant and disgusting. I refuse to even talk to people wearing them.
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Offline ABX

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #13 on: August 10, 2018, 03:46:11 pm »
Rednecks and Prisons deeply saddened.
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Offline Wingnut

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #14 on: August 10, 2018, 03:48:18 pm »
Quote from: Frank Cannon on August 10, 2018, 03:41:50 pm
This is the feel good story of the day. Crocks are repugnant and disgusting. I refuse to even talk to people wearing them.

I do the same with people who wear Birkenstock's.
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Offline Victoria33

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #15 on: August 10, 2018, 03:52:25 pm »
Quote from: Polly Ticks on August 10, 2018, 02:17:38 pm
@Suppressed
Certain styles/sizes are on Zulily right now.
@Polly Ticks

 8888crybaby  I have narrow feet.  I missed out in high school when saddle shoes were in and no company made AAAA wide - I could not "be with it", "cool", in school.  I felt "left out", while my friends were tooling around in these shoes.

So, tell me, do the Crocs have at least AA wide.  If I wear a fairly thick sock, I could keep them on.  Or, am I going to cry again and be left out.  8888crybaby
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Offline Polly Ticks

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #16 on: August 10, 2018, 04:01:27 pm »
Quote from: Victoria33 on August 10, 2018, 03:52:25 pm
@Polly Ticks

 8888crybaby  I have narrow feet.  I missed out in high school when saddle shoes were in and no company made AAAA wide - I could not "be with it", "cool", in school.  I felt "left out", while my friends were tooling around in these shoes.

So, tell me, do the Crocs have at least AA wide.  If I wear a fairly thick sock, I could keep them on.  Or, am I going to cry again and be left out.  8888crybaby

@Victoria33
I'm sorry, I honestly have no idea.  I've never owned a pair in my life ... I just happened to see them in my daily Zulily email this morning.  Maybe check the company website?
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Offline Victoria33

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #17 on: August 10, 2018, 04:11:35 pm »
Quote from: Suppressed on August 10, 2018, 12:19:18 am
What a coincidence... Just yesterday, I went to Amazon to look into getting a new pair!
They're a godsend for feet and backs.
@Suppressed

I have never had any.  If they were comfortable in the house/yard, I would wear them, but not out in public.  However, you likely read I must have at least a AA width, AAA would be much better.  I doubt this company makes narrow widths.  People with narrow feet are not treated "fairly" - this country hates narrow feet - someone should sue the government for free narrow shoes and force shoe companies to make narrow sizes.   9999hair out0000
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Offline Suppressed

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #18 on: August 10, 2018, 05:04:01 pm »
Quote from: Victoria33 on August 10, 2018, 04:11:35 pm
I have never had any.  If they were comfortable in the house/yard, I would wear them, but not out in public.  However, you likely read I must have at least a AA width, AAA would be much better.  I doubt this company makes narrow widths.  People with narrow feet are not treated "fairly" - this country hates narrow feet - someone should sue the government for free narrow shoes and force shoe companies to make narrow sizes.   9999hair out0000

@Victoria33
They are wide, which helps me (I have wide feet), so that would be a reason to think they might not work for you.

However, I find that my feet sink into the cushioning, so perhaps they might do okay for you.  Best thing to do is try them on.  https://www.crocs.com has a store locator in the upper right.  If you're where I think you are, then there's one not too far from you. 

I've tried knockoffs, and they weren't nearly as good as the real Crocs that I have.
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Offline catfish1957

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #19 on: August 10, 2018, 07:55:02 pm »
Quote from: Frank Cannon on August 10, 2018, 03:41:50 pm
This is the feel good story of the day. Crocks are repugnant and disgusting. I refuse to even talk to people wearing them.

Good...put me on permanent ignore status... :silly:
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Offline Suppressed

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #20 on: August 10, 2018, 09:53:25 pm »
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“In the outside world, I'm a simple geologist. But in here .... I am Falcor, Defender of the Alliance” --Randy Marsh

“The most effectual means of being secure against pain is to retire within ourselves, and to suffice for our own happiness.” -- Thomas Jefferson

“He's so dumb he thinks a Mexican border pays rent.” --Foghorn Leghorn

Offline Wingnut

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #21 on: August 10, 2018, 09:58:49 pm »
Like most fads, they all run their course.  Croc's had a good run. So did mood rings and Pet Rocks.  Time to die Croc.  Fade into history.
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Offline Polly Ticks

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #22 on: August 10, 2018, 11:11:11 pm »
Quote from: Suppressed on August 10, 2018, 09:53:25 pm
@Polly Ticks
 
Hmmm...
https://www.eater.com/2013/11/22/6324959/mario-batali-ordered-200-pairs-of-orange-crocs-because-the-color-was
https://www.eater.com/2017/9/15/16316308/mario-batali-crocs-yeezys

Well there you go!  Batali apparently has quite a large inventory of orange crocs he doesn't need anymore, so maybe you can work out a deal with him.  It's a win/win!
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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #23 on: August 10, 2018, 11:21:06 pm »
Quote from: The Ghost on August 10, 2018, 09:58:49 pm
Like most fads, they all run their course.  Croc's had a good run. So did mood rings and Pet Rocks.  Time to die Croc.  Fade into history.

I have a pair that I have worn almost every day for the last 10 years at least and I'm still wearing them.  Just ordered a new pair today from Amazon just in case.
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Offline RetBobbyMI

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Re: Crocs to close remaining manufacturing facilities; executive to resign
« Reply #24 on: August 10, 2018, 11:29:51 pm »
Quote from: Bigun on August 10, 2018, 11:21:06 pm
I have a pair that I have worn almost every day for the last 10 years at least and I'm still wearing them.  Just ordered a new pair today from Amazon just in case.
I guess that means @Frank Cannon will have you on ignore!
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