Profile: Crocs Inc (CROX.O)
24 May 2019
Crocs, Inc., incorporated on April 15, 2005, is engaged in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Company's segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials. Its Croslite material enables the Company to produce non-marking, and odor-resistant footwear. The Company sells
its products in more than 90 countries, through three distribution channels: wholesale, retail, and e-commerce. Its wholesale channel, which includes domestic wholesalers as well as international wholesalers and distributors; The retail channel includes company-operated stores, and e-commerce channel includes company-operated e-commerce sites.
As of December 31, 2017, the Company offered its products through 13 Company-operated e-commerce sites across the world. The wholesale customers include family footwear retailers, national and regional retail chains, sporting goods stores, independent footwear retailers, as well as e-tailers. The Company operates its retail channel through three integrated platforms: retail locations, outlet locations, kiosk and store-in-store locations.
The Americas segment includes product sales in North and South America. As of December 31, 2017, the Americas retail channel sold directly to consumers through 175 Company-operated retail store locations in the Americas as well as through e-commerce sites.
The Asia Pacific segment includes product sales throughout Asia, Australia, New Zealand, Africa and the Middle East. As of December 31, 2017, it sold products directly to consumers through 186 Company-operated retail stores located in Asia, as well as through e-commerce sites.
The Europe segment includes product sales throughout Western Europe, Eastern Europe and Russia. It sold its products directly to consumers through 86 Company-operated retail stores located in Europe as well as through e-commerce sites.
The Company competes with Nike Inc., adidas AG, Under Armour, Inc., Deckers Outdoor Corporation, Skechers USA, Inc., Steve Madden, Ltd., Wolverine World Wide, Inc., VF Corporation, Genesco, Inc., Macy's Inc., Dillard's, Inc., Dick's Sporting Goods, Inc., The Finish Line Inc. and Foot Locker, Inc.
7477 EAST DRY CREEK PARKWAY
NIWOT CO 80503