The Impending Demise of Crocs, Inc.
By Manolo the ShoebloggerManolo says, far be it from the Manolo to take pleasure in the misfortunes of others, but….
Crocs Inc. shares plunged 45% Thursday, stumbling after the colorful sandal maker reported a whopping third-quarter loss and warned of further financial pain as it downsizes what was once a high-flying business to better match sharply reduced demand.
Happy days are here again, the sky o’er head is clear again!
The Crocs are dead this year, Amen! Happy days are here again!
P.S. Many thanks to the Manolo’s internet friend, Aaron, for this good news.
November 14th, 2008 at 1:55 pm
Amen.
November 14th, 2008 at 3:05 pm
Haha! This is truly wonderful!
November 14th, 2008 at 7:26 pm
I adore you Manolo, and am so with you on the Croc hate, but…this comes off as a bit inappropriate what with people losing jobs right and left these days. The last thing we need is for another company to go under even if they do make the dreaded plastic shoes.
November 14th, 2008 at 11:09 pm
now, if we can find a way to bomb the birkenstock factory we would be rockin’
hahahahahahahaha….. (wicked laughter)
My mom and I have been trying to figure out that one for years. Manolo can you help???
November 17th, 2008 at 6:54 pm
I agree, Arlene. Regardless of how one might feel about Crocs, the demise of a company and associated loss of jobs in this economy is nothing to celebrate.