• Most Popular
  • Most Shared

Crocs says Costco not authorized to sell its shoes

NEW YORK
Thu Mar 6, 2008 2:30pm EST

Stocks

   

NEW YORK (Reuters) - Crocs Inc (CROX.O), known for its colorful, plastic shoes, said on Thursday that it does not sell its shoes at Costco Wholesale Corp (COST.O) stores and has no plans to do so.

Stocks

The company said it discovered instances where it believes its shoes were being sold indirectly to Costco and terminated relationships with those it believes responsible.

"I want to reiterate that Costco is not an authorized dealer of Crocs products," said Ron Snyder, chief executive of Crocs.

(Reporting by Martinne Geller, editing by Leslie Gevirtz)
Stocks


More from Reuters

Photo

Obama says U.S. will pursue plane attackers

KAILUA, Hawaii (Reuters) - A wing of al Qaeda claimed responsibility on Monday for a failed Christmas Day attack on a U.S.-bound passenger plane and President Barack Obama vowed to bring "every element" of U.S. power against those who threaten Americans' safety. | Video

» More Top News
Passengers queue to go through security checks at the departure gate at Gatwick Airport, in southern England December 28, 2009. REUTERS/Luke MacGregor

Travel headaches after scare

The U.S. is stepping up airline security measures following the Christmas bomb scare. Here's what you can expect.  Full Article | Video 

U.S.
A man yells at the site of suicide bomb attack on a procession of Shit'ite Muslims commemorating Ashura in Karachi December 28, 2009. Credit: REUTERS/Athar Hussain

"Worse than an infidel"

Dozens killed as suicide bomber attacks Shi'ite Muslim progression in Pakistan despite thousands of security forces on high alert.   Full Article | Video 

World