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Gloucestershire Business News

Crocs sales up by 50 per cent

Demand for Crocs has skyrocketed recently, with sales up by over 50 per cent.

Sales for the footwear retailer hit £794.3 million for the quarter, an increase of 50.5 per cent, as reported by Retail Gazette.

Online sales were up by 16.8 per cent, representing nearly a third of sales, while wholesale revenues increased by 27.7 per cent.

The company expects sales for 2022 to fall between £2.795 billion and £2.886, a rise of 47 to 52 per cent on 2021.

Crocs has seen particularly strong international growth and the brand is confident of its continued long-term growth and profitability.

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