Crocs has announced that it will help earthquake survivors in Haiti.
The company says it will donate thousands of pairs of its shoes to the people on that island.
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If 3rd quarter financial results are anything to go by, people still can’t get enough of Crocs.
As hard is it is to believe, the company is still doing well, according to financial statements released this week.
In a nutshell, compared to last year’s third quarter, 2009’s results look like this
- Retail sales increased nearly40 percent to $53.9 million
- Internet sales increased more than 60 percent to $16.1 million
The only deccline was in wholesales sales, which decreased by about 15 percent compared to last year.
In all, third quarter 2009 revenues increased to $177.1 million compared to revenues of $174.2 million the year before.
There’s a really cool charity out there that’s just given away 10,000 pairs of Crocs.
They’re the Brother’s Brother Foundation.
And they’ve shipped them all to Guatemala for impoverished children and their families.
The gift is valued at $100,000.
Oh, one more thing.
The shoes are made from recycled materials–a great thing for our environment.
But I can’t help but wonder…If they’re so poor, why not send them food instead?
Brother’s Brother says the shoes go a long way in preventing serious parasite and skin infections, common among poor children around the world who go barefoot.
That’s a good enough explanation, I think.