Crocs (CROX +1.6%) edges higher after CEO John McCarvel gives a positive interview to USA Today....

|By:, SA News Editor

Crocs (CROX +1.6%) edges higher after CEO John McCarvel gives a positive interview to USA Today. McCarvel asserts Crocs' casual footwear leaves it well-positioned in Asia (expected to be its largest market by the end of 2013), and notes counterfeit Crocs stores have emerged n the region. He adds the shifting of some of Crocs' manufacturing from China to Vietnam lowered its production costs a bit.