Why Crocs is Going Bankrupt
July 16, 2009
Crocs Going Bust In Vicious, Vicious Recession NPR is reporting. but we have a far, far more valid reason why this is happening.
Who wants to wear the same stuff that George Bush wore?
Evidently sales have been so bad for the “shoe maker” (if you want to call it that) it has lost $185.1 million last year and now has until September to pay off its debt.
But who is going to loan it the nearly $200,000,000 to stay afloat? If you were a bank would you trust the Crocs company to pay you back?
Not really sure if the Great Recession is to fully blame for this one, it was a fad… just like Cabbage Patch Dolls…. and most likely will go the same route…
Plus being associated with the former invader in chief isn’t helping much.
Comments
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ררק
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http://crocsboard ררק
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refael
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http://e refael
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http://www.tribbleagency.com/ TheFounder
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http://www.tribbleagency.com TheFounder
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rafael
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http://e rafael
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http://e CEO of crocs respons at crocs blog!!
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CEO of crocs respons at crocs
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FLAduranie
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FLAduranie
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http://www.tribbleagency.com/ TheFounder
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http://www.tribbleagency.com TheFounder
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HansJurgen
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HansJurgen
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http://www.tribbleagency.com/?p=5473 Crocs Responds to Bankruptcy rumors
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Miltles



