home All News open_in_new Full Article

Crocs shares slump 30% amid tariffs and decline of ‘ugly shoe’ trend

Footwear firm warns of falling sales because of global trade uncertainty and ‘super-cautious’ US consumersShares in the US footwear company Crocs have slumped by almost 30% after it warned of falling sales because of tariffs, “super cautious” US consumers and signs that fashion’s “ugly shoe” trend is coming to an end.The foam clog and sandal maker’s shares fell by 29.2% on Thursday, after it predicted revenues could drop by between 9% and 11% in the current quarter, disappointing analysts who were expecting slight growth. Continue reading...


today 6 d. ago attach_file Politics

attach_file Politics
attach_file Politics
attach_file Events
attach_file Events
attach_file Events
attach_file Politics
attach_file Sport
attach_file Economics
attach_file Politics
attach_file Events
attach_file Politics
attach_file Politics
attach_file Politics
attach_file Politics
attach_file Politics
attach_file Events
attach_file Politics
attach_file Society
attach_file Politics
attach_file Politics


ID: 1196080146
Add Watch Country

arrow_drop_down