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Crocs taps new CEO, closes stores in wake of brutal quarter


Crocs Inc. is giving its CEO the boot. The Colorado-based company — whose brightly-hued, plastic clogs are worn by the likes of celebrity chef Mario Batali — is bumping its chief executive upstairs and closing 160 stores over the next two years. With sales in a tailspin, CEO Gregg Ribatt will step down in June,...
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Source: New York Post


19:51, March 1, 2017 Lisa Fickenscher

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