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Crocs changes CEO and will close shops after 2016 loss

08/03/2017

Leisure footwear brand Crocs has said it will close around 160 of its retail stores between now and the end of 2018. The announcement came at the start of March when the company published its full-year figures for 2016. For last year, Crocs announced revenues of just over $1 billion, a decline of 5% compared to the previous year. It registered a...

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