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Crocs enjoys soaring sales as Covid pandemic upends shoe sector

Crocs expected to continue growth throughout 2021. Credit: AP Crocs has enjoyed a bumper year after sales of their clogs soared during 2020 as the coronavirus pandemic reshaped the shoe market. The retailers stock rose by as much as 11% on Monday as it raised its outlook for the fourth quarter and said it expects sales to grow by as much as 25% in 2021. Crocs made just over £1bn in 2020 from the sales of their iconic and once shunned plastic clogs, a rise of 12% in a year where many businesses...
Kurt Geiger Kenny Wilson Andrew Rees Dr Martens Executive Andrew Rees Sunday Times
Source: itv.com

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