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Crocs closing manufacturing facilities but will keep making shoes

Crocs sparked a minor panic among fans of its colorful plastic clogs by announcing on Wednesday that the company is closing the last of its manufacturing facilities. But mule-lovers can rest easy -- the footwear maker isn't going of business. Rather ...

- CBS News


Crocs to close last of manufacturing plants, but says, 'We aren't going anywhere'

Crocs announced that it was closing the last of its manufacturing stores on Tuesday, but the footwear company asserted that it was not going out of business. "In connection with ongoing efforts to simplify the business and improve profitability, during ...


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