Crocs, Inc. Grows International Retail Presence in Canada
September 25 2008 - 4:01PM
Business Wire
Today Crocs, Inc. (NASDAQ: CROX) announced efforts to continue
international expansion through the addition of a new company-owned
store in Canada. Adding to existing stores in Quebec City and
Montreal, a new flagship store in Toronto will strengthen Crocs�
retail and merchandising presence in this key North American
market. �This retail expansion initiative marks a milestone in our
efforts to strategically merchandise our expanding product line,�
said Ron Snyder, President and CEO of Crocs, Inc. �Accelerating our
retail presence allows us to showcase all of our unique products to
consumers while efficiently allocating our sales and marketing
resources.� Overseeing the rollout of the new Canadian store is
Doug Hayes, Vice President/Managing Director, Crocs Canada. Hayes
recently joined Crocs bringing more than 25 years in the sports
industry, including his most recent position as President of
National Sport for Forzani Group Ltd., the largest national
sporting goods retailer in Canada. Hayes� expertise is rounded out
with roles as President of Callaway Golf Canada and President/CEO
of adidas-Salomon Canada Limited. Snyder continued, �I am pleased
to welcome Hayes to the team. He brings a wealth of retail
knowledge that will be instrumental as we expand our Crocs branded
retail presence and retail distribution channels.� About Crocs,
Inc. Crocs, Inc. is a rapidly growing designer, manufacturer and
retailer of footwear for men, women and children under the Crocs�
brand. All Crocs� brand shoes feature Crocs� proprietary
closed-cell resin, Croslite�, which represents a substantial
innovation in footwear. The Croslite� material enables Crocs to
produce soft, comfortable, lightweight, superior-gripping,
non-marking and odor-resistant shoes. These unique elements make
Crocs� footwear ideal for casual wear, as well as for professional
and recreational uses such as boating, hiking, hospitality and
gardening. The versatile use of the material has enabled Crocs to
successfully market its products to a broad range of consumers.
Crocs� shoes are sold in more than 100 countries and come in a wide
array of colors and styles. Please visit www.crocs.com for
additional information.
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