If you consider yourself amongst the perforated sandal-donning community, you might be pleased to hear that your membership is growing.
Crocs Shoes shares jumped 16% on Tuesday after their first-quarter earnings were reported, revealing that the company made $98 million. Compare this to their earnings at the same point last year, which only reached $11 million, and it is apparent that the fashion trend has returned.
We’ve come a long way since fashionistas recoiled in horror at the outfit of former President George W. Bush in socks and crocs.
There has been a national time-jump back towards the Croc-filled existence of the early 2000s has occurred amid a national shift toward remote work and Zoom meetings requiring a business dress code from the waist up only.
But the trend has gone beyond the small comforts of working from home, with Questlove wearing a gold model of the foam clogs to the 93 Annual Academy Awards.
