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Crocs reaches ‘inflexion point’ as it aims for better 2016

02/03/2016

Footwear brand Crocs has reported a 2% revenue drop for 2015 to $1.1 billion, which it says was in line with expectations. CEO Gregg Ribatt said the company was making “meaningful progress” with positioning the company for success despite near-term challenges. He said: “Our overall results reflect the impact of higher clearance sales as we made ...

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