The new Crocs Spring/Summer 2010 shoe collection includes this shoe that Crocs has named Farrah. The Farrah $49.99; sizes 4-10) is an open-toe wedge Croc shoe with a 3 1/3 inch heel. It is available in Navy, Gold, Parrot Green and Black. Crocs also has a sling-back flat called Lady ($29.99) coming out this year. The Lady shoe style is pictured below. Both of the shoes are made with Crocs proprietary Croslite material.
Ke$ha's song "Tik Tok" is number one on iTunes and her album, Animal, is number 2. Her song is so popular it is being parodies. Ke$ha linked to this funny parody of "TiK ToK" on her Twitter account, @keshasuxx. The song is called "Crocs In Socks." Take a look:
Crocs is currently offering 20% off sitewide on its website. You can get an additional 5% off using code N9DWZLKY3ISA. The 5% off coupon is good until 12-18-09 but the 20% sitewide deal runs today only. You can also get free shipping with your order.
Crocs has just blogged that they will be offering 20% off any purchase at Crocs.com tomorrow for Cyber Monday.
Everyone talks about Black Friday, but all of the bloggers know the real deals are online on Cyber Monday! In honor of our online friends, Crocs will be celebrating Cyber Monday with 20% off any purchase at Crocs.com. That’s right, the entire site!
It sounds like a great day to make a Crocs purchase.
You can find more Cyber Monday deals listed on ShoppersShop.com's Cyber Monday deals chart.
Porche's Lawyers Threaten Crocs Over the Name Cayman
Crocs reported in a routine SEC filing that it had received
a nasty letter from Porsche's attorneys demanding that Crocs stop selling its Cayman brand of plastic clogs. Porsche says that it violates its trademark which seems highly unlikely.
[I]n the 10-Q that footnoted frequent flyer Crocs (CROX) filed last week, there was an interesting new disclosure about Porsche, the German car-maker, suing Crocs, the Colorado-based shoe manufacturer over the use of the name Cayman. Here's the snip from the filing:
On May 11, 2009, Crocs Europe B.V. received a letter from Dr. Ing. H.c.F. Porsche AG ("Porsche") claiming that the Company's use of the "Cayman" shoe model designator infringes upon their Community Trademark Registration of the mark "CAYMAN" in class 25. Porsche is requesting that Crocs Europe B.V. immediately cease and desist use of the Cayman mark and pay Porsche's attorney's fees in conjunction with the issuance of the notice letter. On July 30, 2009 the Company was served with notice of an injunction against Crocs Europe BV's use of the Cayman mark in Germany.
It's interesting that Porsche hasn't filed a similar claim in the U.S. It seems highly unlikely that Porsche trademarked the word Cayman in connection with shoes. It is also most unlikely that customers would be confused between a $50,000 Porsche and some $30 plastic clogs, so there goes that trade dress claim.
Huge Flagship Crocs Store Opening in Boulder, Colorado
Crocs has announced the opening of its flagship retail store in Boulder, Colorado. The flagship store is scheduled to open in Spring 2010. With over 6,000 square feet of space for Crocs and Jibbitz, it will be the largest Crocs location worldwide. Crocs has over 300 stores worldwide. You can read more about Crocs flagship store in the Daily Camera, Denver Business Journal and Denver Post.
Tim Gunn loves Michelle Obama's fashion sense. So when talk show host and comedienne Bonnie Hunt showed Tim photographic proof that Michelle recently wore a pair of Crocs (the footwear Tim despises most) he had to find some way to deal with his fashion icon's misstep. He decided that it was just a "footwear experiment" and she will put them aside soon. And if she doesn't, he said he might have to do his first fashion intervention, showing up at the White House and demanding to be taken to her closet. It's pretty funny, take a look:
Warner Bros Connects Scooby-Doo Products With Online Content
Warner Bros. is connecting Scooby Doo products to Scooby content. Products including Scooby Doo costumes and Cayman Crocs>A are tied to Scooby-Doo Zoinks Points, which let fans access free online Scooby-Doo content. The content includes custom Scooby-Doo online games, video clips, wallpapers, screen savers and podcasts. Wendy's will also be offering Zoink Points this fall in a promotional tie-in for the September 13th release of the film, Scooby-Doo! The Mystery Begins.
Andre Leon Talley Wears Ugg Boots, Draws the Line at Crocs
Time Out New Yorkinterviewed Andre Leon Talley, editor at large for Vogue magazine. Apparently, many of Andre's scenes were cut from the film (which is infuriating), but he says he didn't mind so much and that they did get him playing tennis with all his Louis Vuitton accessories.
Andre says Miss Wintour (that would be Anna Wintour) saved his life by staging an intervention about his weight. She convinced him to take up a sport and he picked tennis, which Anna also plays every morning. None of that is terribly shocking. But then he drops the bombshell: Andre reveals that he wears Uggs at home. But he draws the line at Crocs. Here is the hilarious exchange between Andre and Erin Wylie:
Well, what do you wear at home? People think that you wear these outlandish outfits always.
No! I wear Juicy Couture shorts, a Ralph Lauren polo shirt and Uggs.
Really? You wear Uggs?
I started wearing Uggs two years ago.
Do you wear Crocs?
What are Crocs?
Those colorful, plastic…what Mario Batali wears.
No! I draw the line at Uggs. It's a cozy shoe. Also, they're only $98. That's the high and low.
That loud sound you hear is the Ugg factory gearing up for 24 hour production as the Ugg Boot goes from out to in again in an instant.
Here's the clip from The September Issue Andre is talking about. He's clearly trying very hard to keep the weight off that he worked so hard to lose. He looks great. We just love the fact that he plays tennis with a giant Louis Vuitton throw over his shoulder and that he has a Louis Vuitton hard case to keep his Fiji water in. But then again, who doesn't? Take a look:
Crocs, Inc. has announced launched its Prepair collection, which are designed to help athletes recover following athletic or fitness activity. Crocs says its new shoes are ergonomic and offer anti-fungal and anti-bacterial protection. They say the Prepair Crocs provide a reduction in peak pressures by 50% as compared to walking barefoot. The Prepair collection has been approved as the official recovery shoe for the Road Runners Club of America (RRCA), the Collegiate Strength and Conditioning Coaches Association (CSCCA) and Hockey Canada
The Crocs Prepair product line includes a clog ($39.99), a slide ($34.99) and a flip ($34.99). The new Crocs can be found at crocs.com and in stores.
A new report by accounting firm Deloitte and Touche cast doubt on Crocs' ability to "to continue as a growing concern." The shocking news caused Crocs stock to plummet 19%.
The footwear company released the opinion of Deloitte & Touche LLP in an annual report filed Tuesday with the Securities and Exchange Commission.
According to the report, as of Dec. 31, 2008, the company had $51.6 million in cash and cash equivalents and $22.4 million in borrowings under its revolving credit facility, which matures on April 2, 2009.
In February, the company reported a full-year net loss of $183.6 million, contrasted to a profit of $168.2 million in 2007.
Crocs said it will continue to reduce costs and has reduced its inventory drastically. The company just got a new CEO this week: John Duerden, formerly of Reebok, has been handed the difficult job of turning the company around. We wish him good luck.
Crocs is moving beyond plastic shoes. This fall the company will debut its Fall and Winter 2008 YOU by Crocs Secret Identity collection. So far there are thirteen new styles in the collection which launched last year.
The line will retail between $140-$290 and will include new styles such as Racy Rocker, Mischievous Minx (pictured) and Dangerous Diva. The shoes are made of high-quality Italian leathers and feature the comfort of Croslite material footbeds. Available this fall in women's size 6-10.5, the styles ranging from a kitten heel to a 3 3/4 inch wedge, include lambs wool, patent leather detailing, murano and lotus leathers.
The ankle boot pictures retails for $160. It has a 1 1/2" kitten heel, is made of leather, a kidskin lining and comes in black, carbon and purple. We're curious as to how will Crocs fare with its venture into fine, Italian-made leather shoes. Generally speaking, it sounds like a good idea to us. There is only so much growth to be had in the plastic shoe business, after all.
The new line will be available in September at
Youbycrocs.com.
You know that lawsuit where Crocs claims that Skechers
stole
its designs? Well, here's a photo of the Skechers Cali Gear Gypsies slingback, complete with Jibbitz. This is looking quite Crocs-like. Wonder what a jury will say?
Crocs has accused Skechers of patent infringement, unfair competition, trade dress and a host of other unpleasant things in a new lawsuit. Skechers is furious and has hotly responded to the allegations in a passionate press release.
Skechers today announced that it denies all of the patent and trade dress infringement and unfair competition and trade practice claims asserted against the Company on July 10, 2008 by Colorado-based Crocs, Inc. in the United States District Court for the District of Colorado. The complaint alleges, among other claims, that Skechers' Cali Bear logo, which is a depiction of a bear, infringes Crocs' Crocodile logo.
"We believe that this lawsuit is completely without merit and will vigorously defend ourselves against such baseless allegations," says Philip G. Paccione, General Counsel and Executive Vice President of Skechers. "Among the outlandish allegations is that Skechers' Cali Bear logo is confusingly similar to Crocs' Crocodile logo, and that advertising Skechers' products in Boulder, Colorado somehow dilutes the value of Crocs' trademarks and appropriates Crocs' goodwill. Even a cursory review of the two animal marks demonstrates that the allegations are ridiculous.
"As far as advertising in Boulder, Colorado, Skechers has had a loyal following in Colorado long before Crocs even existed and we have an absolute right to do that. We believe that this lawsuit is nothing more than a never-ending attempt by Crocs to monopolize the molded footwear market by bullying competitors and customers and misusing the United States Patent Office and federal courthouse. Skechers prefers to compete in the market place through the quality of its products and image."
Paccione continued, "Crocs allegations on the shoe designs will fare no better. As owners of numerous famous trademarks and patents in the footwear industry, Skechers respects the intellectual property of other brands and spends tens of millions of dollars each year to design and prominently brand and distinguish its own products from competitors. The designs at issue in this case are distinguishable from Crocs' patents and there is no possibility that anyone will be confused by the Skechers designs. Indeed, Skechers has many of its own design patents in the molded footwear category, including some covering the very styles at issue in this case. Moreover, Skechers footwear and packaging are prominently branded with the world famous Skechers name and trademarks at every turn, which Crocs conveniently ignores."
We haven't seen the shoes that Crocs claims is a blatant copy of its product. But from the tone of this press release, we don't think a settlement is happening anytime soon.