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Thanks to Footlocker's Greenhouse, Crocs and Carrots launch their second collaborative collection – and there are 'fits for the whole family.

For the first time in over a year, it feels reasonable to say that we’re rapidly moving to a point when Covid-19 will no longer be the primary feature shaping day-to-day commerce. And yet, as we move optimistically toward a post-pandemic world, the business environment will be defined by many of the pain points, challenges and lessons of the past year.  Glossy’s Modern Commerce Summit brought together leaders, founders and entrepreneurs for three days of discussion, fireside chats and workshops. Our lineup of speakers dug into the trends, innovations and obstacles that their organization...

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Photo by David Cabrera In 2008, Crocs had a big problem. The Colorado-based footwear brand was only six years old and experiencing a huge dip in sales. In 2003 the company did $1.2 million in sales, which catapulted to $850 million in 2007. But after years of exponential growth, sales dropped in 2008 by 15 percent to $722 million, and the company posted a $185 million loss.  A mix of things contributed to the downturn. Crocs had a team of executives with no experience in footwear or fashion—its then-CEO Ron Snyder was a former exec at Flextronics, an electronic contract manufacturing firm....