Crocs more than doubles revenue
Having made its mark in the footwear market in a very short time, America’s Crocs continues to advance its sales and revenue.
The company, which is best known for its brightly-coloured proprietary closed-cell resin footwear, has reported a 99.1% rise in revenue for the fourth quarter ended December 31, to reach $224.8 million, up from $112.9 million for the comparable quarter in the previous year. Domestic sales rose approximately 47% to $115.8 million, up from $78.8 million a year ago, while international sales increased 221% from $34 million to an astounding $109 million.