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Crocs launches return service in Europe

US footwear brand Crocs Inc. now allows customers in Europe to return worn shoes. Its take-back programme, ‘Old Crocs, New Life’, which was already established in the US, launched on Monday in Austria, France, Germany, the Netherlands, and the UK. In these countries, customers can now return their used Crocs to participating stores and outlets....

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Business

Crocs Q4 earnings surpass expectations, shares surge

Shares of casual footwear company Crocs surged over 16 percent in premarket US trading after the company beat analysts' fourth-quarter net income expectations. While adjusted net income for the quarter decreased 7 percent to 146.2 million dollars, it surpassed the 133.7 million dollars forecast, according to Bloomberg consensus estimates....

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