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Most Crocslized country

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By Crocslized I meant the penetration rate of Crocs shoes. From today’s Crocs presentation at ICR XChange, Australia claimed the No. 1 spot in term of dollar spent on Crocs per capita (a.k.a., per person). Canada is second. US is not too far behind. China is also shown in the figure. So, take Australia as an example, on average each person spent $1.40 on Crocs in 2007. A big increase from $0.30 of 2006.


The CEO Ron Snyder is saying Germany, French, Japan and China are increasing doors (retail outlets) rapidly. With the slowdown of US economy and consumer spending, obviously international market is becoming key to Crocs sales in the near term. This is echoed by the new assignment for CFO Peter Case. Peter is going to be SVP for Retail Operations.

Expect seeing more Crocs in China this summer 🙂

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A crazy week and ICR XChange conference

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What a crazy week. The market continued its downward spiral while we hear all kinds of bad news from economy front: from the credit crunch for big guys and little guys; AT&T CEO says some customers can not pay the phone bills; American Express (one of Berkshire’s core holding) had it biggest drop since year 2002…

I also did something crazy (which I regret) this week. My biggest mistake is I sold some MR shares. Yes it did go up after I sold it, just like other stocks did in the past. I will try to buy back some MR shares in the near future because I believe its growth will not affect by the credit problems we are facing now.

Next week, I am eager to wait what the guys at Crocs and Ruth’s Chris Steakhouse have to say at ICR XChange conference. The link of webcast is here.

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Ninth Annual ICR XChange

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I listened to some sessions the Ninth Annual Integrated Corporate Relations (ICR) yesterday and today. This is a series of company presentations to the investing community usually attended by financial analysts. I listened the web cast through this link (they put achive there too). I noticed this event from Yahoo Finance (CROX).

Besides learning more brands (apparel, footwear and restaurant), I also learned more about how business grows.  Most participating companies are young, growing companies. By the way, those kind of investor conference call and company quarterly earning calls are excellent oppertunities to learn what’s going with a company. We can not do “store checking” for every company like I did with Heelys and Crocs 🙂