Firm has seen drastic decline in sales, share price
(NEWSER) - Crocs, Inc,. the firm that makes those ubiquitous rubber clogs, is having a bit of a fashion emergency. The stock has lost 90% of its value in less than a year, and the company predicts a 20% sales decline by the end of 2008, NPR reports. The firm’s execs blame the economy, but it’s clear that Crocs face an image problem with their brand. More»