(Photo by David Silverman/Getty Images)

Crocs Trying To ‘Improve Profitability’ By Closing Factories

Do you like Crocs?

More bad news for the (11) fans of Crocs, the retailer is making more cost-cutting measures.

Daily Mail reports, “Crocs has announced that it is selling off its last two factories and that its chief financial officer will be leaving next year.

The shoe brand said it will be shutting down a factory in Mexico and another in Italy as it outsources production in the hunt for greater profits.

Meanwhile CFO Carrie Teffner will be leaving the business at the end of March 2019 to be replaced by Anne Mehlman, of Amazon-owned shoe-seller Zappos.com.”

Do you like Crocs?

MIX 96 On The Streets

Mon 10

96 Free Things To Do In Sacramento

October 23, 2018 @ 8:00 am - December 20, 2028 @ 5:00 pm
Wed 12

Join Us And Cheer On The Sacramento Kings!

December 12 @ 5:00 pm - 7:00 pm
Golden 1 Center
Sacramento, CA
Fri 14

Shop With Us At Golden State Jewelers!

December 14 @ 5:00 pm - 6:00 pm
Golden State Jewelers
Sacramento CA

Listen Live