US EditionIs the Ugly Shoe Trend Finally on Its Way Out? 👋🥿
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Is the Ugly Shoe Trend Finally on Its Way Out? 👋🥿
It might be time to say “bye-bye” to Crocs — at least according to Wall Street. The company’s stock took a 30% nosedive on Aug. 8, marking its biggest single-day drop since 2011. Experts say this could be the beginning of the end for the so-called “ugly shoe” trend. Business of Fashion reports Crocs is bracing for a 9–11% revenue loss, with declining orders from both consumers and retailers. RELATED: Donut Miss This Collab: Krispy Kreme x Crocs …
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