Categories
Business

The Growth of Crocs

Reading Time: 2 minutes

1) International: no secret here, as you can count the stores (more stores in India than China), from their web site www.crocs.com (international). The trick here is they expanded internationally at much early stage compared to Nike, etc., considering they are just a few years old. We can attribute partly to the globalization of economy and branding.

CROX_intl

Keep in mind both CEO Ron Snyder and CFO Peter Case have significant international experience before joining Crocs. I think this is more relevant than just paying attention to their stock sales. As long as they can make me (shareholder) money, do I care how much money they make?

Categories
Fun

Stock Reading at Mall w/e 060207

Reading Time: < 1 minute

Went to Chesterfield mall yesterday. Something new (at least new to me):

1) Journeys is expanding there. The regular Journeys got a new place (first floor, at the intersection), the old Journeys store is “Journeys Kids”. Journeys is a subsidiary of Genesco (GCO). Foot Locker is trying to take over Genesco but was rejected for now. We know in business “No” does not necessarily means “No”, just like sometimes when girls say “No”, it’s not really “No”.