Financial trouble for maker of Crocs sends shockwaves...

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8/2/2014 Financial trouble for maker of Crocs sends shockwaves across the city - NY Daily News http://www.nydailynews.com/life-style/croc-tastrophe-article-1.1879049 1/5 A A A Financial trouble for maker of Crocs sends shockwaves across the city Chefs, nurses and kids love them. Even Mario Batali will likely stock up if company goes under. BY CHELSEA HIRSCH , JACLYN ANGLIS / NEW YORK DAILY NEWS / Thursday, July 24, 2014, 3:08 PM Deepak Chopra aims for meditation world record Meditate for success: Five minutes for rapid relaxation Rare tickborne disease found in New York area What are Americans' top sex fantasies? Your sign and your money relationship EDITORS' PICKS For many, meditation is a private, individualized practice. But Deepak Chopra wants to change that, in a big way. Meditation is not just for those who follow a strict spiritual path, it’s also for those who just like to gather their thoughts, A scary new strain of an illness similar to Lyme disease has made it to our area, but thankfully, the only child in New York ever Most Americans aren't as daring as their fantasies, reveal the results of a survey by condom brand Durex, but "sexploration" is thriving, most notibly in While your entire birth chart needs to be taken into account for an in depth understanding of your relationship to finances, the archetypes of the zodiac do PROMOTED STORIES SHARE THIS URL nydn.us/1x7NKvc 1K 79 8 It’s a Croctastrophe! News that the maker of the onceubiquitous rubbery foam shoes was in dire financial straits has sent shockwaves across New York City. “I’m going to start stocking up,” said Isabelle Laskin, an attorney from the Lower East Side speaking for millions, if not hundreds of millions, of Crocs lovers everywhere. The comfortable amphibious shoe — born in 2002 and named after the famously tough land/water reptiles — is certainly no Louboutin, but it has certainly become fashionable for celebrities like Adam Sandler, chefs including Mario Batali, and everyday people like nurses and children. In fact, during an earlier Croc scare, Batali bought 200 pairs in his beloved “Batali Orange” before the company retired the blaze color last year. “It’s preposterous...but nothing lasts forever, baby,” Batali told Details Magazine at the time, though he declined to comment for this story. Perhaps Batali was too heartbroken or shocked to speak after hearing that Crocs RELATED GALLERY: Spring shoes under $500 RELATED GALLERY: Spring shoes for under $100 23 Pictures To Make Your Day Instantly Better (HooplaHa.com) You're Invited To Enjoy These 6 Celebrity Chef Restaurants SCOTT OLSON/GETTY IMAGES Crocs shoes are comfortable, durable and ugly. But they’re also amazingly popular — even as the company that makes them appears to be going down the tubes. NEW YORK NEWS POLITICS SPORTS ENTERTAINMENT OPINION LIVING AUTOS EVENTS HEALTH HOMES FOOD AUTOS HOROSCOPES EDUCATION COMICS GAMES LIVING PICS FASHION PICS BLOGS

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Page 1: Financial trouble for maker of Crocs sends shockwaves ...cdn.journalism.cuny.edu/blogs.dir/668/files/2014/08/Financial-trouble... · In fact, during an earlier Croc scare, Batali

8/2/2014 Financial trouble for maker of Crocs sends shockwaves across the city - NY Daily News

http://www.nydailynews.com/life-style/croc-tastrophe-article-1.1879049 1/5

A A A

Financial trouble for maker of Crocs sendsshockwaves across the city Chefs, nurses and kids love them. Even Mario Batali will likely stock up if company goesunder.BY CHELSEA HIRSCH , JACLYN ANGLIS / NEW YORK DAILY NEWS / Thursday, July 24, 2014, 3:08 PM

Deepak Chopra aimsfor meditation worldrecord

Meditate for success:Five minutes for rapidrelaxation

Rare tick­bornedisease found in NewYork area

What are Americans'top sex fantasies?

Your sign and yourmoney relationship

EDITORS' PICKS

For many, meditation is aprivate, individualizedpractice. But DeepakChopra wants to changethat, in a big way.

Meditation is not just forthose who follow a strictspiritual path, it’s also forthose who just like togather their thoughts,become centered and gain more clarity and controlover their lives.

A scary new strain of anillness similar to Lymedisease has made it to ourarea, but thankfully, theonly child in New York everreported to have this form of the illness has made a fullrecovery.

Most Americans aren't asdaring as their fantasies,reveal the results of asurvey by condom brandDurex, but "sexploration" isthriving, most notibly intransport.

While your entire birth chartneeds to be taken intoaccount for an in depthunderstanding of yourrelationship to finances, thearchetypes of the zodiac doconvey important information that can help to empoweryou when it comes to money.PROMOTED STORIES

SHARE THIS URL

nydn.us/1x7NKvc1K 79 8

It’s a Croc­tastrophe!

News that the maker of the once­ubiquitous rubbery foam shoes was in direfinancial straits has sent shockwaves across New York City.

“I’m going to start stocking up,” said Isabelle Laskin, an attorney from theLower East Side speaking for millions, if not hundreds of millions, of Crocslovers everywhere.

The comfortable amphibious shoe — born in 2002 and named after thefamously tough land/water reptiles — is certainly no Louboutin, but it hascertainly become fashionable for celebrities like Adam Sandler, chefs includingMario Batali, and everyday people like nurses and children.

In fact, during an earlier Croc scare, Batali bought 200 pairs in his beloved“Batali Orange” before the company retired the blaze color last year.

“It’s preposterous...but nothing lasts forever, baby,” Batali told DetailsMagazine at the time, though he declined to comment for this story.

Perhaps Batali was tooheartbroken or shocked tospeak after hearing that Crocs

RELATED GALLERY:

Spring shoes under$500

RELATED GALLERY:

Spring shoes forunder $100

23 Pictures To MakeYour Day InstantlyBetter(HooplaHa.com)

You're Invited ToEnjoy These 6Celebrity ChefRestaurants

SCOTT OLSON/GETTY IMAGES

Crocs shoes are comfortable, durable and ugly. But they’re also amazingly popular — even as thecompany that makes them appears to be going down the tubes.

NEW YORK NEWS POLITICS SPORTS ENTERTAINMENT OPINION LIVING AUTOS

EVENTS HEALTH HOMES FOOD AUTOS HOROSCOPES EDUCATION COMICS GAMES LIVING PICS FASHION PICS BLOGS

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8/2/2014 Financial trouble for maker of Crocs sends shockwaves across the city - NY Daily News

http://www.nydailynews.com/life-style/croc-tastrophe-article-1.1879049 2/5

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Aside from that morningcup of coffee, the averageperson consumes morecaffeine on a daily basisthan he or she realizes, asthe common additive can be hiding in unexpectedplaces, even in jelly beans.

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will downsize its Coloradoheadquarters and close 75 to100 stores worldwide ­ 25 to 30stores in the U.S.

The company is also endingproduction of its "high end" lineand trimming the variety of Crocstyles by 30 to 40% in hopes ofstaving off extinction.

But other New Yorkers ­especially moms ­ were eagerto bemoan the loss of theirfavorite footwear.

“My 8­year­old son doesn’t likebeing confined by sneakers andboots,” said Ruby Santana, 28,from Inwood. “In the summer hewears his Spider­Man Crocseveryday, and in the otherseasons he wears the ones withfleece.”

Crocs aren’t just for kids ­esteemed cooks also appreciatethe ergonomic shoes.

“Being in the kitchen all day means being on your feet, running up and downstairs and lifting a lot of heavy things. You need comfortable shoes like Crocs,”said Thiago Silva, corporate pastry chef to the EMM Group.

Still, city chefs like Craig Wallen of the Upper West Side's Cesca areunimpressed by Malto Mario’s clog.

"I wore Crocs for years until I started slipping in them at work and my kneesand back were feeling the pain," he said. "Downsizing production of Crocs is agood thing if they focus on improving quality."

Wallen aside, Crocs' price and durability will likely keep them off theendangered species list.

"I can just hose them down when they get too cruddy, unlike other brands,"said Coby Farrow, executive chef of BLT Prime. "Knowing that they will becutting back production, I'm sure I'll buy a pair or two just as backups."

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These are the most horrible, ugly, and disgusting shoes ever created !

CTHJARVIS7 days ago

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BEST CITY APPIN THE WORLD!FR

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YES! THIS! thank you! +1

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Crocs have goodbreathable options along with the soft leather. Wearing one of these offergreat comfort and it is shocking to see such an act taken up by the company.

http://piedpiperchildrensshoes.com/

CHRISTI ANGEL MATHEWS3 days ago

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