Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line overseas. “We’re going to put our toe in the water next year,” CEO Andrew Rees said Thursday (Nov. 3) when...
Casual footwear-maker Crocs said continued gains in its digital sales as well as strong uptake of its newly acquired Hey Dude brand helped drive record second-quarter sales but warned the pace of growth would likely slow down. According to the company’s Q2 earnings release Thursday...
Omnichannel retail remains more of a vision for the future than a reality for today. Plus, why retail’s consumer experience is and always will be a two-way street and Crocs’ acquisition of Hey Dude brings innovation to the shoe market. Data $2.5B: Amount Crocs...
Fueled by a 1000% rally in its stock price since the March 2020 lows, the love ‘em or hate ‘em rubber clog-maker Crocs was able to do a major acquisition last week that will not only broaden its stable of products but will give it a...
November 03, 2022
Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line overseas. “We’re going to put our toe in the water next year,” CEO Andrew Rees said Thursday (Nov. 3) when asked on an earnings call about an international expansion for […]
August 04, 2022
Casual footwear-maker Crocs said continued gains in its digital sales as well as strong uptake of its newly acquired Hey Dude brand helped drive record second-quarter sales but warned the...
December 26, 2021
Crocs has said it plans to buy Hey Dude, a privately-owned footwear label, for the price of $2.5 billion, according to Reuters. The rubber clogs maker has been looking to...