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Wholesale clothing, footwear and fashion articles

Crocs, Inc. is a shoe manufacturer founded by entrepreneur George B. Boedecker, Jr. to produce and distribute a foam clog design acquired from a Quebec company called Foam Creations. The shoe had originally been developed as a spa shoe. The first model produced by Crocs, the Crocs Beach, was unveiled in 2002 at the Ft. Lauderdale Boat Show, and sold out the 200 pairs produced at that time.

Crocs was the title sponsor of the Association of Volleyball Professionals (AVP) Tour from 2006 through the 2009 season.

Type Public (NASDAQCROX)
Industry Wholesale Trade, Retail & Consumer Services, Clothing & Clothing Accessories
Founded 2002
Founder(s) George B. Boedecker, Jr.
Headquarters Longmont, Colorado
United States
Key people Richard L. Sharp (President),
John P. McCarvel (President and CEO)
Products Shoes
Revenue US$721.6M (2008)
Operating income US$-187.7M (2008)
Net income US$-2.24 million (2008)decrease
Total assets US$279.4M
Employees 3,700 (2008)
Website www.crocs.com

 


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