Crocs Have Become "Toast" During Recession but Company Heads Still in Denial
Hooray! The word on the street is that foamy shoe creator Crocs are nearing the end of their brightly-colored reign of terror. The Washington Post reported that the shoe company, having debuted during an economic boom in 2002, are failing to stay afloat amidst the current recession. Last year the company experienced $185.1 million in …
After Unsuccessful Relaunch, Ossie Clark Is Closing Its Doors.
Ossie Clark fall 2009 After only a year into its much anticipated relaunch, British label Ossie Clark has announced its plans to close. Clothing business veteran Marc Worth had picked up the struggling company in 2007 from former owner since the sixties, Alfred Radley. Worth was intending to revitalize the brand into a global enterprise …
