US EditionCrocs CEO Andrew Rees on Tariffs: Vietnam Concerns Loom, Industry To ‘Go Up In Terms Of Price’
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Crocs CEO Andrew Rees on Tariffs: Vietnam Concerns Loom, Industry To ‘Go Up In Terms Of Price’
While Crocs Inc. CEO Andrew Rees sees pricing as a potential lever to mitigate against tariff impacts, he said Vietnam remains a big concern. “Depending on the level of incremental costs that may come from tariffs and other factors, we do expect the industry to go up in terms of price,” he told analysts during a conference call on Thursday after the company posted first quarter earnings results. Rees explained that price adjustments aren’t neces…
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