Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

8/12/2013 (1 year ago)

Catholic Online (www.catholic.org)

Shoes are comfortable, but lack visual appeal.

The Daily Mail is asking if this is the end of the Croc, after the company reported a massive decline in profits and cited flagging interest amongst consumers. Crocs are often maligned by the public, but have been credited as comfortable and even helpful by podiatrists.

The brightly colored Crocs are often maligned as being offensive to the eye. With new selection, the brand shows it isn't dead yet.

The brightly colored Crocs are often maligned as being offensive to the eye. With new selection, the brand shows it isn't dead yet.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

8/12/2013 (1 year ago)

Published in Business & Economics

Keywords: Crocs, shoes, company, sales, decline, extinction, fashion


LOS ANGELES, CA (Catholic Online) - Crocs are favorites with women and especially nurses who must stay on their feet for hours on end. However, pop culture has maligned the shoes because of their signature blocky appearance and ventilation holes, not to mention their variety of tacky colors.

As of last month, the company reported a 43 percent decline in second-quarter profits, and watched as their stock fell by nearly a quarter in a day's time.

Sales of the shoe have plummeted, perhaps victims of a harsh public verdict. Concerns have also been reported over senior company management according to an article on The Daily Beast.

In an effort to stave off demise, Crocs have recently been redesigned to appeal to more people, however it is not known if the redesign will be enough.

The Daily Mail quoted Fashion blogger, Lydia Faye Jones as saying, "'I'm a girl with a serious shoe obsession, however thankfully Crocs have never been one of them."

"The shapeless chunky style and hideous array of colours are why I'm not surprised the demand for Crocs has rapidly decreased!"

"They have never been fashionable and it looks like now they never will be."

While Crocs may not have made much of a fashion statement, they have long been credited with being comfortable, and did attract some celebrities. It's their comfort value, above all else, that has people returning the buy the shoes despite their much-maligned reputation.

For now, Crocs have no plans for exiting stores, however if sales continue to decline and shareholders lose confidence in the company, they will, to the gratitude of many cynics, become a quirky symbol of the time, and be left to history.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for May 2015
Universal:
That, rejecting the culture of indifference, we may care for our neighbours who suffer, especially the sick and the poor.
Evangelization: That Mary's intercession may help Christians in secularized cultures be ready to proclaim Jesus.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Business & Economics

Los Angeles boosts minimum wage to $15.34 an hour, largest U.S. city to do so Watch

Image of Significantly, the bill in its current form includes tipped workers. This means that tips would not count towards the proposed minimum-wage base pay of $15.

By Catholic Online (NEWS CONSORTIUM)

The minimum wage for the city of Los Angeles will be $15.34 by the year 2020 - until then, wages will increase incrementally each year. The vote is being hailed as "the most significant victory so far" in the push to increase the minimum wage nationally. LOS ... continue reading


Another attack on 'In God We Trust': Atheists take a stab at U.S. currency motto Watch

Image of The United States currency's motto is 'In God We Trust.'

By Atarah Haely (NEWS CONSORTIUM)

After a series of unsuccessful legal battles against the religious quote on U.S. currency, a popular atheist activist claims to have found a new and more effective way attack the country's beloved "In God We Trust." MUNTINLUPA, PHILIPPINES (Catholic Online) - Michael ... continue reading


Verizon to buy AOL in $4.4 billion deal Watch

Image of Verizon says the deal will shore up its wireless and over-the-top or OTT video strategies.

By Catholic Online (NEWS CONSORTIUM)

In a deal valued at approximately $4.4 billion, telecoms giant Verizon will acquire digital conglomerate American Online, or AOL. Verizon announced this week it would acquire digital conglomerate AOL, intended to bolster the telecommunications giant's efforts ... continue reading


Five American tech companies have $430 BILLION in which to play Watch

Image of While other companies cry

By Catholic Online (NEWS CONSORTIUM)

While other companies cry "poor mouth" or say they have little at their disposal, at least five American tech companies are sitting on an overwhelming $430 BILLION in cash. There should be no surprise that Apple leads the list by a wide margin. LOS ANGELES, CA ... continue reading


New York Times reports substantial loss in spite of digital growth Watch

Image of There has been a move to make the newspaper more attractive to readers. The newspaper's cooking product, a hub for recipes and food-related content, has been free since its introduction.

By Catholic Online (NEWS CONSORTIUM)

In just one of growing death knells of the daily print newspaper, the iconic New York Times reported a hefty $15 million loss for the first quarter of 2015. Digital subscriptions continue to show solid growth. Digital advertising grew at a double-digit pace. ... continue reading


Shakeup at Walt Disney Parks -- information technology employees replaced by non-immigrant workers Watch

Image of Both Disneyland and Walt Disney World certainly were not the happiest places on Earth for many employees at the beginning of this year.

By Catholic Online (NEWS CONSORTIUM)

Both Disneyland and Walt Disney World certainly were not the happiest places on Earth for many employees at the beginning of this year. Multiple layoffs went around to many several information technology employees and were told their final day would be January ... continue reading


Apple can't seem to spend money fast enough as profits soar and cash reaches a staggering $194 billion Watch

Image of At Apple - the company can't seem to spend money fast enough.

By Catholic Online (NEWS CONSORTIUM)

Digital gadget maker Apple has ended the first calendar quarter with $33 billion in cash and short-term investments and $160.4 billion in long-term investments. Apple currently has $194 billion in cash and investments, more than any other non-financial company ... continue reading


Meet the billionaires who pledged to give up their fortunes to change the world Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

Through the "Giving Pledge," men and women belonging to the upper crust of the society, with billions of dollars in their name, commit to donating a large chunk of their fortune, whether through their lifetime or through their will. Coming from the majority of their ... continue reading


World's discarded electronic junk building up into massive toxic dump Watch

Image of Less than 16 percent of global e-waste is being diverted from landfill into recycling and reuse.

By Catholic Online (NEWS CONSORTIUM)

Television sets, washers and driers, stereos - broken, discarded, and then thrown away, are creating a massively toxic waste dump of gargantuan proportions. The irony in all this "e-waste" is the fact that precious metals such as gold and silver are also thrown ... continue reading


Australian father-and-son team raises $10 MILLION for beehive project Watch

Image of The beehive symbolizes productive activity, and for father and son Cedar and Stuart Anderson of Australia, their project was literally that.

By Catholic Online (NEWS CONSORTIUM)

The beehive symbolizes productive activity, and for father and son Cedar and Stuart Anderson of Australia, their project was literally that. Nearly 30,000 people have funded their "Flow Hive" project on Indiegogo for $10 million dollars. Not bad at all for such ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Acts 2:1-11
1 When Pentecost day came round, they had all met ... Read More

Psalm, Psalms 104:1, 24, 29-30, 31, 34
1 Bless Yahweh, my soul, Yahweh, my God, how great ... Read More

Gospel, John 20:19-23
19 In the evening of that same day, the first day of ... Read More

Reading 2, First Corinthians 12:3-7, 12-13
3 Because of that, I want to make it quite clear to ... Read More

Saint of the Day

Saint of the Day for May 24th, 2015 Image

St. David I of Scotland
May 24: David, the youngest son of Scotlandís virtuous queen, (Saint) ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter