Real crocs thriving as Crocs™ go extinct

gator-zombie The colorful landfill-filling life-threatening shoes are headed to that great fire sale in the sky. Despite selling 100 million pairs in seven years, the company lost $185 million last year, dumped a third of its workers and have to find someone willing to adopt all their surplus shoes. Why not try the time-tested method of flushing them down the toilet in NYC?

"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."

Zombie-ish? Love it, but can you be slightly zombie? Isn’t being zombie like being pregnant? It’s either yes or no. 

On the brighter side – for those of us who don’t live in Florida – real crocs are doing great. There population has rebounded from just 200 in 1975 to more than 2,000 and they were removed from the endangered species list two years ago.

BusinessPundit has a good roundup of 20 other brands/products that have died this year.

If you’re using this blog for investment advice, you’re [Bleeped]

Yesterday I noticed a huge number of visits to a post I wrote in August, When Crocs™ are outlawed only outlaws will wear absurdly expensive & brightly colored soft plastic footwear. All the visits came from here, a message board at Yahoo! finance. To save you the trouble of clicking through: someone used my post as a reason for giving a strong sell rating on Crocs stock.

While I appreciate the extra traffic, allow me to say BWA HA HA HA!

Dear whomever, if your message was a sort of satirical comment on the silliness of unvetted advice about stocks then it was very well done.

If it was anything else then it was indeed a Croc.

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You read it here first: “Crocs™ will kill you” meme goes national

badcrocs… the “Crocs pose a health hazard” meme is about to take off. During a layover in DC on Saturday I watched a promo for one of the local news shows about how wearing the shoes on escalators is a danger. Allegedly the material the shoes are made of is so soft that the metal teeth chew into them. Here’s the headline: Escalators eat Crocs.

OK, so I was a couple of months early but now the AP has taken it national:

At rail stations and shopping malls around the world, reports are popping up of people, particularly young children, getting their toes caught in escalators. The one common theme seems to be the clunky soft-soled clogs known by the name of the most popular brand, Crocs.

Coming up next: Crocs helps FaceBook destroy the economy.

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When Crocs™ are outlawed only outlaws will wear absurdly expensive & brightly colored soft plastic footwear

crocsPittsburgh’s Mercy Hospital has banned the hideous-yet-trendy footwear. I think the “Crocs pose a health hazard” meme is about to take off. During a layover in DC on Saturday I watched a promo for one of the local news shows about how wearing the shoes on escalators is a danger. Allegedly the material the shoes are made of is so soft that the metal teeth chew into them. Here’s the headline: Escalators eat Crocs.

We’re entering the very slow news days so I expect this one to be everywhere there are bored reporters, empty news holes and pictures of cute kids riding escalators.

If it is, then the folks at IHateCrocs will make a wind fall (picture is from their on-line store). Also, I came across a nice little description of the Crocs phenom at a blog called Late Night Business Notes. The rest of the blog is pretty good, too.