Crocs Shoes

Founded in Boulder, Colorado in 2002, Crocs is a footwear company specializing in comfortable, water-friendly shoes. Its product line includes sandals, sneakers, and boots. The Crocs brand is sold in over 90 countries. In 2017, Crocs was the 30th most popular footwear brand in the world.

The name Crocs is a reference to the amphibious nature of the crocodile. Its clog material, Croslite, is a foam resin. It is non-marking, odor-resistant, and provides maximum cushioning.

Crocs are known for their comfort, ease of cleaning, and versatility. The Crocs brand is available in a wide array of colors and styles. They are also easy to maintain, and they are durable.

The shoe has become a cult classic among young people. It is a staple in the Gen Z fashion scene. They have been featured on red carpets and are now an iconic shoe style.

In 2006, Crocs acquired Jibbitz, a shoe accessories manufacturer. They promised $10 million in cash if Jibbitz became successful. The Jibbitz brand is still a big part of the Crocs empire.

In 2004, Crocs secured the exclusive rights to the Croslite technology. The chemical components of Croslite are made from fossil fuels. Its softness and odor resistance make it a desirable material for shoemakers.

In 2008, Crocs lost $185.1 million and closed manufacturing facilities in China, Canada, and Brazil. They also announced the closure of dozens of stores. The company cut 2,000 jobs.

In the last decade, Crocs has faced many ups and downs. The brand has been the subject of many articles and opinions. It has survived several recessions. The company has also demonstrated social responsibility. In the past, Crocs has given away free pairs of shoes to those in need of healthcare.