Crocs, Inc., a world leader in innovative casual footwear for men, women, and children, provided an update on the business impact of the global coronavirus (COVID-19) pandemic.
Andrew Rees, President and Chief Executive Officer, shared, “These are unprecedented times that are impacting not only Crocs, but our whole society. 2019 was a record year for the Crocs brand and as we started 2020 we were looking forward to another tremendous year of growth. Today, while we are still in a strong position, we are taking precautionary measures for the near term to ensure the health and well-being of our consumers, our employees, our communities and our business. We are confident that these actions will ensure we are in a good position to manage through this crisis and will emerge a strong, vibrant brand.”