Crocs To Close All Its Manufacturing Facilities, CFO Resigns

posted by Dennis Elliott - 

Crocs will close its remaining company-owned manufacturing facilities and announced that its Chief Financial Officer resigned, according to reports on Crocs' quarterly earnings released Tuesday.

The Colorado-based shoe manufacturer said it already closed its Mexico facility and will close its last facility in Italy. Future manufacturing will be outsourced, Crocs said in a presentation to investors.

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