proudly “ugly” utility shoe brand favored by everyone from Justin Bieber to your average home gardener expects to report a fourth-quarter revenue spike — from $407 to $410 million — for 2020, Crocs announced this week.
They project another “accelerated” growth bump of 25% in 2021.“Amidst a global pandemic in 2020, we will deliver the strongest revenue in Crocs’ history,” CEO Andrew Rees said in a statement this week. “Our brand momentum is exceptional, and we anticipate another record year in 2021.”Comfort was valued above all else this year, as working from home meant an emergence of sweatpants, pajamas and no-pants Zoom meetings.
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