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COVID-19 Has ‘Profound’ Effect on Crocs in Q1

Biodegradability or recycled? Carbon inset or carbon offset? Lean manufacturing or made to measure? Blockchain or chasers? There are many routes to sustainability. Come learn the relative advantages each, and learn how to design strategies that address your company’s specific impacts and goals. Join us July 29 for our Sustainability FAQs Workshop with Gap Inc., SAC, Fashion for Good, Accelerating Circularity, Lectra & Cotton Incorporated.

The first quarter proved challenging for Crocs, despite positive brand momentum in 2019. In a Nutshell: Crocs first sounded the alarm in February that the coronavirus outbreak may cost the clog maker $60 million in revenue this year. Many of its 367 company-owned stores were closed in Q1, the company said, and retail traffic suffered accordingly. Unfortunately,…

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