We were never huge fans of Crocs (at least not outside the house), but that doesn’t mean we aren’t saddened to hear that the brand are closing up to 100 stores and laying off about 180 employees.
They’ll also be reducing the amount of styles they sell by 30-40%, and their Elite line will be totally gone.
However, these changes don’t necessarily mean that the end is nigh for Crocs. Instead they are hoping to save $4 million in 2014 and $10 million in 2015.
Not bad, eh? Maybe we should offer our support by wearing our Crocs in public, or maybe not….