Crocs Inc - Company Profile
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Business Description
Crocs Inc (Crocs) manufactures, designs, develops, distributes, and markets a wide range of footwear, and accessories for women, men and children. Its product portfolio comprises boots, sandals, socks, flip-flops, sneakers, and loafers. In FY2024, Crocs sold over 127 million pair of shoes across 80 countries.
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R&D Overview
The company’s R&D arm focuses to enhance its products, develop new properties for specific applications, and reduce its environmental impact through various ESG initiatives. It continues to resources to product design and development based on opportunities in the marketplace. In FY2024, the company incurred expenses of US$25.7 million on R&D, which as a percentage of revenue, stood at 0.6%.
Business Segments
Overview
Offers shoes for many wearing occasions, which feature casualization, comfort-led functionality, and personalization.
Performance
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Overview
Offers wedges, flips, and slides. Major brands include Crocs, Croslite, and LiteRide. Offers products through direct-to-consumers and wholesale.
Performance
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Geographical Segments
Performance
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Performance
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