Was Peter Lynch Wrong? Crocs and Other Trendy Companies [View article]
Not sure what to make of this company. They don't seem to have any other product. Granted, the material they use is a patented closed cell plastic, but for the customer, there is no appreciable difference between a Crocs product and a clone/rip-off etc made from a brightly colored generic plastic - other than the price, of course. The stories about getting caught in escalators etc scared a lot of people, especially coming in on the heels (pun intended) of last years toy recalls. Still, we've just come out of a long winter... who buys these shoes in winter? they are a summer product. maybe they will have better sales in the next quarter as the weather grows warmer. I would not look to overseas and tropical markets for salvation, the product is too easy to copy (probably by the very firm that makes them for CROCS, using the same molds but different plastics.
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Not sure what to make of this company. They don't seem to have any other product. Granted, the material they use is a patented closed cell plastic, but for the customer, there is no appreciable difference between a Crocs product and a clone/rip-off etc made from a brightly colored generic plastic - other than the price, of course. The stories about getting caught in escalators etc scared a lot of people, especially coming in on the heels (pun intended) of last years toy recalls. Still, we've just come out of a long winter... who buys these shoes in winter? they are a summer product. maybe they will have better sales in the next quarter as the weather grows warmer. I would not look to overseas and tropical markets for salvation, the product is too easy to copy (probably by the very firm that makes them for CROCS, using the same molds but different plastics.
Apr 17 11:36 am
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All Comments by AJ, Washington DC »Was Peter Lynch Wrong? Crocs and Other Trendy Companies [View article]