Wednesday
May112011
Crocs in a Nutshell
As Crocs (CROX) introduces its Chameleon shoe line and its upgraded Prepair line, I am impressed by the evolution of this company from:
• a global marketer of its comfortable iconic clogs;
to a company delivering to customers the following value proposition:
• innovative, well-designed, and comfortable shoes;
facing a gigantic opportunity driven by its:
• wholesale business,
• Internet business, and
• retail business, with an opportunity to exploit commercial real estate weaknesses to deploy its footprint globally over the next fifteen years;
having:
• a terrific customer mindshare, resulting in the top brand with a pole position on Amazon.com’s shoe best-sellers list.
This company is facing a very bright future.
Written by Michael Bigger, author of How Traders Achieve Creative Flow.
Reader Comments (3)
Plenty of opportunity for this Biz -> Asian market.
Flip-flops are popular in South-East Asia. Philippines alone has 100 million people. What if they can tap that market.
What if CROX designed their own flip-flops (slippers) lol. Just saying!
Yes, I agree and they are firing on all cylinders in Asia with much to be done in these markets. Huge potential.
these are awesome!
I have a pair of Mary Jane's
that I cannot stop wearing.