Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionCrocs, Inc. is an American footwear company based in Broomfield, Colorado that manufactures and markets the Crocs brand of foam clogs.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionSuspending operations in Russia, including retail and e-commerce sales and imports into the country. Donation to UNICEF. (Business in Russia makes up 2% of sales). In August Crocs stores are reopening in Russia. The stores of the footwear brand Crocs in Russia have announced their reopening with a new operator. The shops of the American footwear manufacturer Crocs, which closed in March after Russia's invasion of Ukraine, will be managed by a new entity under the former head of Russian Crocs, Eric Peti, called "Kler." Management of the location in the Afimall shopping center in Moscow has been transferred to "Kler," which reopened after the cessation of work in March, just like the store in "Metropolis." However, as the interlocutor clarified, the Crocs online store in Russia will not resume operations, and the products will be supplied through other online platforms. The company supplied its products to Russia till August 2023. Ceased to receive local income in Russia in 2023.