Did Crocs Almost Go Out of Business?
RuingMite路7 months agoYep, Crocs were on the brink of bankruptcy around 2009. They bounced back with new styles and celebrity collaborations!
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Yeah, they were close to going under in 2008 because of overproduction and the recession. They turned it around with a solid strategy though!
I remember they had a rough patch in 2008-2009 due to overexpansion and the economic downturn. But they restructured and came out stronger!
Short answer: Yes.
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