Who owns Crocs?

Crocs was founded by Lyndon "Duke" Hanson and George Boedecker Jr. The shoe was originally developed as a boating shoe. The first model was unveiled in 2001 at the Fort Lauderdale Boat Show in Florida, and all 200 pairs that they had produced were sold. Cros has since sold over 300 million pairs of shoes.

Crocs completed the initial public offering of its common stock in February 2006, and it began trading on the NASDAQ Stock Market. Crocs are made in a variety of styles and colors. The classic styles are available in more than 20 colors, and most other styles are produced in a palette of four to six colors or two color combinations.

Crocs is headquartered in Broomfield, Colorado, and is broken down into three divisions:

• Americas

• Asia Pacific

• Europe

The company is multinational and engages in the design, development, manufacturing, and worldwide marketing and sales of casual footwear, apparel, and accessories for men, women, and children. It operates in the Americas, Asia Pacific, Europe, Middle East, and Africa.

In addition to its shoes, Crocs also sells fashion accessories like Jibbitz (decorations that can be added to the ventilation holes) and the Fuzz Collection (wooly liners for winter wear). In 2021, Crocs had annual revenue of $2.31 billion with over 4,000 employees working for the company.