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Ugly is in: How Crocs have taken over teen footwear, and sent the stock soaring - TL;DR CNBC

Ugly is in: How Crocs have taken over teen footwear, and sent the stock soaring

Publishing timestamp: 2019-07-15 18:35:01


Summary

Crocs has become increasingly popular among teenagers, despite its reputation for being ugly. The company's stock was recently upgraded, and analysts are optimistic about its future collaborations and growth potential. The trend of "ugly" footwear is on the rise, with Crocs capitalizing on nostalgia and individuality among young consumers. The company's unique marketing strategies, including collaborations with popular brands, are helping to keep Crocs relevant in the ever-changing fashion industry.


Sentiment: MIXED

Tickers: NKEVRACROX

Keywords: vera bradley inccrocs incbusinessnike incbusiness newsapparel retailretail industry

Source: https://www.cnbc.com/2019/07/15/ugly-is-in-crocs-have-taken-over-teen-footwear-and-boosted-its-stock.html


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