shoe Man

Crocs: Successful Brand or Victim of Cheap Imitations?

I am in the shoe business.
These guys are done and anyone that held after the initial slide is misleading themselves as this stock will STAY in this zone.
There new shoes are not at retail.
The kids are still buying, but the adult business has changed significantly. Even on kids side sales are off substantially so the market is and has spoken on the Brand.
New designs have yet to be delivered but the shoes retail from $220 to $300 USD......and in case anyone thought that we are in a depressed or maybe recession, these retails are not $40 that made the Company millions.
Brand is not dead as they do hold a great comfort value for your money......but will never reclaim previous years volumes.
I was out in the the $50's last fall.
I am not buying in till I see the August show in Vegas.
Going long.....buy some gas stocks!
Ed.