In recent years, popular in the United States almost "a pair of manpower," popular in China wind blowing CROCS
Nike Air Max 90 shoes (Way Chi) producers may face bankruptcy. Recently there have been news that the financial crisis, due to reduced demand for CROCS, sluggish sales, the manufacturer 185 million loss last year, in September of this year before the debt needed to pay off millions of dollars. Deloitte & Touche concerned, manufacturers have to face bankruptcy.
"CROCS factories in China, more than 200 million yuan investment." According to people familiar with the "Daily Economic News" said, CROCS foundry in China, the main finding is the first shoe-making enterprises Yue Yuen Group and the world's second largest manufacturing Long Code Group in the Nike Air Max 24-7 shoe business in Dongguan and Shenzhen, the factory, the production of raw materials is a company in Shenzhen by the CROCS uniform distribution. It is understood that, starting in 2008, CROCS in the country on the downward trend in orders, "from 2007, crocsbeach almost no domestic orders, factory orders are transferred to Mexico, and last year, some of the major foundries began CROCS for sale. "pointed out above, CROCS adjustment orders in China, started early.
Price less than the regular authorized channel of 1 / 10 of counterfeit goods in China CROCS popular. "If more than ten thousand pairs of production, production cost is about 6 yuan." Production CROCS "high imitation" products, a shoe factory in Fujian Province for two years head of the "Daily News" said. It is understood that, in Fujian, Zhejiang and Guangdong provinces active in a large number of factories producing counterfeit products CROCS them to 8 yuan to 10 yuan price of the product wholesale to dealers across the country. Shoe factory, according to the person in charge, one last summer, their sales to reach 5 million pairs. The production of counterfeit goods manufacturers said that as the shape of CROCS shoes, and not patented, as long as the buckle does not make CROCS patent crocodile head, would not cause "trouble."
CROCS bankruptcy in when there is news that Bill Gates personal finance and investment company Cascade Investment (CascadeInvestment) will lead the acquisition of U.S. Crocs shoe company. The news that the recent Crocs management in turmoil, Gates so take advantage of. It is reported that, CROCS Nike Air Max shoes 7 years, 100 million pairs sold, the manufacturer still made 168 million U.S. dollars in 2007 earnings, but in a financial crisis from profit to loss, to dismiss 2,000 people last year, the stock plunged 76%.
Nike Air MaxCROCS shoes, the rise and fall of the thermometer can be described as the U.S. economy in 2006, when the U.S. housing boom, CROCS shoes manufacturers listing more than 2 billion, is the largest footwear hair ever IPO activity. Production of commercial finance business expansion, acquisition of ventilation holes for Crocs shoes, the production of the ornament Jibbitz, also set up factories in China and Mexico.
