Summer 2023
Posted on 3/15/2023
Designs, manufactures, and sells casual footwear
No salary listed
Broomfield, CO, USA
What Crocs does: Crocs makes casual footwear for men, women, and children, best known for its lightweight, comfortable clogs made from Croslite material. How its product works: Shoes are crafted from Croslite, a proprietary resin that is light, non-marking, and odor-resistant, providing all-day comfort; product lines include clogs, sandals, slides, boots, wedges, and work footwear sold through multiple channels. How it differs from competitors: Crocs focuses on a distinctive comfort-first design using Croslite material, with a broad multi-channel model (direct-to-consumer via crocs.com and stores, plus wholesale partners) and licensed collections (e.g., Disney, Marvel) to appeal to families and professionals. What the company’s goal is: to be a global leader in casual footwear by delivering comfortable, durable shoes across diverse demographics and maintaining a strong market presence through diverse product lines and channels.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Niwot, Colorado
Founded
2002
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Green Century proposal charts path for Wolverine Worldwide's climate goals. Media contacts. Boston, May 13th, 2026 - Wolverine Worldwide, owner of footwear brands Merrell and Saucony, recently started disclosing its carbon emissions. Now, investors are calling on the company to take a bigger step. Shareholders voted last Thursday on a Green Century Capital Management (Green Century) proposal calling for Wolverine to adopt goals for reducing its air pollution. The proposal received 10.6% of votes cast. "Disclosing emissions is a starting but not end point," said Leslie Samuelrich, president of Green Century. " Without a reduction target, there's no guarantee that Wolverine's board or management will reduce emissions or the climate risk they face." This is the second consecutive year that Green Century has urged the footwear and apparel giant to create targets to mitigate the risks its recently reported emissions pose to the planet and company profits. The importance of taking action is rising with global warming. Climate change increased average temperatures across every U.S. county in 2025, and footwear and apparel companies are feeling the heat. The Apparel Impact Institute projects that the fashion industry is racing toward a 34% drop in profits by 2030 unless companies cut emissions. Fashioning industry progress As fashion trends speed up, the industry's climate footprint grows just as rapidly. Industry-wide emissions grew 7.5% in 2023, the first year-over-year increase since tracking began in 2019. By 2030, the sector's climate emissions are projected to rise another 55%. This projection is partly due to fast-fashion companies massively scaling their global production of clothes - and their byproduct, global-warming carbon. In response, more than 85% of leading fashion and apparel brands have announced public goals to reduce emissions, often during the production and processing of products responsible for the majority of total emissions. Wolverine's direct competitors Brooks, Crocs, Puma, and Deckers (the parent company of Hoka) are just a few of the brands with concrete written goals and plans to reduce their climate impact. Wolverine fails to lead the pack Despite Wolverine's marketing highlighting its sustainability mission of "sharing the simple power of being outside," it has yet to set a target to guide and measure its progress on preventing climate pollution. By failing to protect the nature its customers value, the company risks its reputation and appeal to the 80% of Americans who expect climate action from both the government and companies. Meanwhile, companies with climate targets are demonstrating progress and may see potential profits. Puma has reduced its supply chain emissions 22% since 2017, putting it on track to meet its 2030 target. Crocs has decreased the emissions from producing its popular Classic Clog 10% since 2021. Cutting product emissions by securing sustainable raw materials now helps companies tap into an associated 6% average increase in profit over five years. "Wolverine would serve its customers and investors well by trekking toward climate targets," said Green Century Shareholder Advocate Giovanna Eichner. "A publicly accountable goal would prove it's serious about pursuing the cost savings and emissions cuts its peers are already on the way to achieving."
Hawke Media celebrates milestone of scaling 6,000 brands worldwide. SANTA MONICA, CA, UNITED STATES, March 24, 2026 /EINPresswire.com/ - Hawke Media, today announced it has supported the growth of more than 6,000 brands since its founding in 2014. Over the past twelve years, Hawke has grown into one of the largest independent marketing agencies in the United States, working with companies ranging from early-stage startups to globally recognized brands. Hawke Media was built on a simple premise: marketing should be accessible, flexible, and driven by performance. In a landscape where marketing has only become more fragmented and complex, that focus has proven more relevant than ever. "I started Hawke to solve a problem I kept seeing over and over - great companies struggling to grow because they didn't have the right marketing support," said Erik Huberman, Founder and CEO of Hawke Media. "Over time, we've built a reputation for being both great at what we do and easy to work with, and that combination is what's helped us support over 6,000 brands." As Your Outsourced CMO(R), Hawke Media provides companies with senior-level marketing leadership alongside channel specialists across paid media, lifecycle, social media, SEO/GEO, creative, and more. This flexible structure allows brands to scale marketing resources up or down as their needs evolve. As the top independent marketing agency, Hawke Media has partnered with brands across a wide range of industries, including Red Bull, Crocs, Funko, K-Swiss, Barstool Sports, and thousands of emerging companies navigating critical stages of growth. The company's work is powered by HawkeAI, its proprietary marketing intelligence platform that analyzes performance data across thousands of campaigns to identify opportunities, benchmark performance, and guide strategic decision-making. This is further strengthened by Hawke Ventures, the company's investment arm, which provides early access to emerging technologies and partners that feed directly into Hawke Media's broader marketing ecosystem. As the marketing landscape continues to evolve, Hawke Media remains focused on helping brands navigate growth with clarity, flexibility, and execution that drives real results. The company's approach is rooted in adapting to each client's stage, goals, and challenges - ensuring marketing is built to scale, not just to launch. Looking ahead, Hawke Media plans to continue expanding its capabilities and partnerships while supporting the next generation of brands through every phase of growth. About Hawke Media As the top performance marketing agency in the USA, Hawke Media is dedicated to delivering bespoke, data-driven, and performance-centric solutions to help launch, scale, and revitalize businesses. As Your Outsourced CMO(R), Hawke Media provides CMO-level expertise to brands of all sizes, creating customized strategies that align perfectly with each client's unique needs. Since its inception, Hawke Media has helped 6,000 brands grow through tailored marketing strategies designed for businesses across all sectors and revenue models. Portfolio includes work with world-class brands such as Red Bull, Funko, Barstool Sports, K-Swiss, and Crocs, showcasing the breadth and impact of our expertise. With over a decade of experience, Hawke Media founded by Erik Huberman, distinguishes itself in the digital landscape. By harnessing the power of its proprietary AI-driven system, HawkeAI, the company effectively solidifies its reputation as both unique and forward-thinking. For more information, visit www.hawkemedia.com Anya Avedissian Hawke Media [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Crocs reported Q4 revenues of $957.6 million, down 3.2% year-on-year but exceeding analysts' expectations by 4.3%. The casual footwear company delivered the slowest revenue growth amongst six tracked footwear stocks, though it posted strong earnings guidance for both next quarter and full year. The consumer discretionary footwear sector reported a very strong Q4 overall, with revenues beating consensus estimates by 2.1%. However, next quarter's revenue guidance came in 0.7% below expectations. Founded in 2002, Crocs is known for its iconic clog shoe. Despite beating revenue estimates, its shares fell 4.5% following the results and currently trade at $79.04. The footwear sector faces challenges including intense competition, heavy marketing requirements and tariff risks from concentrated Asian manufacturing.
Crocs signs KL Rahul as brand ambassador. KL Rahul leads the brand campaign highlighting the Classic Clog Crocs has named Indian cricketer KL Rahul as its latest brand ambassador with the rollout of its new campaign, 'Play Hard. Rest Easy.' Centered around the brand's signature Classic Clog, the campaign presents Crocs(TM) as the preferred everyday footwear. Speaking about the association, KL Rahul said: "I'm excited to partner with Crocs and be part of a campaign that feels so true to my lifestyle. Cricket involves constant travel, training and long days on the field, so comfort becomes really important. Crocs are easy, stylish, versatile and something I naturally reach for off the field. Play Hard. Rest Easy. reflects that balance for me-giving your best when it matters and then taking the time to relax and recharge." Commenting on the campaign, Manoj Juneja, Country Manager, said, "India is a key growth market for Crocs, and partnerships that connect with the country's passion for sport and culture are central to how we build the brand here. 'Play Hard. Rest Easy.' reflects our belief that comfort and self-expression are essential to everyday moments, both on and off the field. K.L. Rahul represents a new generation of athletes who seamlessly balance performance with personal styie, making him a natural partner as we continue to strengthen Crocs' presence in India." Sharing his thoughts, Sidhant Mago, Creative Head, Daftar Creative Room, said: "The idea behind the campaign was to tell a story about sport beyond the field, those in-between moments that rarely get seen but are very real for athletes. KL Rahul embodied that balance perfectly. With Achowe directing the film, we were able to bring that world to life in a way that feels natural, personal and true to the spirit of Crocs."
Crocs is experiencing slower than expected constant currency sales growth and declining returns on capital, raising questions about investment efficiency and capital allocation strategy. The company reported a US$81.20 million loss on revenue of US$4.04 billion. Investors are focusing on how potential increases in free cash flow margin next year might influence management's capital deployment decisions, particularly the balance between reinvestment, debt reduction and shareholder returns. The shares currently trade at US$86.00, approximately 16% below the analyst consensus target of US$102.91. Simply Wall St's valuation model suggests the stock is undervalued, trading roughly 46% below estimated fair value. Recent 30-day returns have been flat at 0.22%, indicating no sharp short-term reversal.