Well, I knew it. Excuse my coming late to the funeral, but I’ve been on vacation in a place where Internet access is a luxury (that I didn’t have), and I am just now catching up. Crocs are dead. Hooray! Both Bill Anderson and Jeff Tucker pointed out my hatred of this most heinous fashion crime. If there is one thing I am certain that I understand, it is businesses that are fueled by boom insanity. Even the Washington Post declares, “Crocs were born of the economic boom.”
I wrote an article for Taki Magazine in January, where I declared that Crocs are a fashion crime that must be nuked in 2009. I caught a lot of flak from people who like and wear Crocs, but, who cares? A lot of my friends wear them as well, and it’s a great source of needling for all of us. From the Washington Post piece:
The company swung from a profit of $168.2 million in fiscal year 2007 to a loss of $185.1 million last year. In its annual report, Crocs said that an independent auditor expressed concerns about “conditions that raise substantial doubt about our ability to continue.” Its stock price has plummeted 76 percent.
Now, the last question remains: does Jeff Tucker wear Crocs? C’mon Jeff, tell, tell!
