News

Crocs blames exchange rates for plummeting income

07/05/2014

Footwear brand Crocs has reported a 0.2% increase revenues in the first quarter of 2014 but a dramatic drop in income - $16.8 million compared with $37.7 million in the same period last year. The company blamed of the shift of the Easter holiday from March into April, negative currency impacts in Japan and Russia and a change in product mix for...

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