The company behind Crocs, the flagship of hideous footwear, is on the precipice of bankruptcy and may be dead by year’s end.

“The company’s toast,” said Damon Vickers, who manages an investment fund at Nine Points Capital Partners in Seattle. “They’re zombie-ish. They’re dead and they don’t know it.”

Condolences to anyone who may lose their job, but in the end, this is for the good of mankind.

Crocs Going Down in Flames

One Comment

  1. lizzy.

    They’re fantastic shoes for kids!! Not that this makes you any more sympathic… Probably the opposite effect.

    Posted July 25, 2009 at 3:00 pm

One Trackback

  1. By Crocs Refuse to Die – PmNet Aggregator on October 7, 2009 at 2:23 pm

    [...] was with much rejoicing that I shared the news of Crocs eminent demise a few months ago. Not to take joy in the fact that people were going to lose their jobs, but [...]

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