×
3 308
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, George Street
Permanent · Edinburgh
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Braehead
Permanent · Renfrew
DR. MARTENS
Vat And Compliance Accountant
Permanent · LONDON
AESOP
Retail Consultant | Aesop Covent Garden, London | Part Time
Permanent · London
SELFRIDGES
Personal Shopping Consultant
Permanent · MANCHESTER
SELFRIDGES
Personal Shopping Consultant- Mandarin, Cantonese or Thai Speaking
Permanent · MANCHESTER
CANADA GOOSE
Security Ambassador- Part Time
Permanent · MANCHESTER
CLARKS
Senior Treasury Finance Manager
Permanent ·
JOHN LEWIS
Loss Prevention Partner
Permanent · HIGH WYCOMBE
JOHN LEWIS
Loss Prevention Partner
Permanent · HORSHAM
JOHN LEWIS
Loss Prevention Partner
Permanent · OXFORD
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
BOOHOO GROUP
Warehouse Operative 06.00 - 14.00
Permanent · CRICK
BOOHOO GROUP
Warehouse Operative - t2p Only
Permanent · CRICK
BOOHOO GROUP
Warehouse Operative 18.00 - 02.00
Permanent · CRICK
NEXT
Delivery Coordinator - Bristol Imperial Park
Permanent · BRISTOL
NEXT
Delivery Coordinator - Newton Abbot
Permanent · KINGSTEIGNTON
NEXT
Sales Coordinator - Torquay
Permanent · TORQUAY
NEXT
Delivery Coordinator - Torquay
Permanent · TORQUAY
NEW LOOK
Property Compliance & Operations Coordinator
Permanent · WEYMOUTH
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · READING
FRASERS
Loss Prevention Supervisor - Frasers
Permanent · DERBY
Ads
Published
Feb 17, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Crocs records 67% sales uptick in 2021

Published
Feb 17, 2022

U.S. footwear company Crocs reported on Wednesday record revenues of $2.3 billion in 2021, an  increase of 66.9% over 2020, on the back of surging sales across all geographic zones.


Net income registered at $725.7 million for the year, compared to $312.9 million in 2020 - Crocs


The Broomfield, Colorado-based company sales in its native Americas market reached $1.6 billion, up 85.9% on a constant currency basis, while revenues in Asia Pacific gained 21.5% to $350.2 million. Europe, Middle East, and Africa saw revenues total $356.2 million, an increase of 41.7% in 2021.

By channel, direct-to-consumer revenues totalled $1.1 billion, up 64.4%, compared to $693 million last year, while wholesale revenues came in at $1.2 billion, up 69.4%, compared to $692.9 million in 2020.

Digital sales, which includes sales through company-owned websites, third party marketplaces, and e-tailers, grew 47.6% in 2021 with double-digit growth in all regions to represent 36.7% of revenues.

Net income registered at $725.7 million for the year, compared to $312.9 million in 2020.
Diluted earnings per share increased 149.8% to $11.39 per share, said the company.

​"A strong 2021 holiday season completed a very successful year for our brand. We achieved incredible results with record revenues of $2.3 billion, 67% revenue growth and industry-leading 30% operating margin," said Andrew Rees, chief executive officer.

Meanwhile, fourth-quarter revenues totalled $586.6 million, an increase of 42.6% from the same period last year.

"Our fourth straight year of revenue growth was fueled by continued strong consumer demand for the Crocs brand globally," added Rees.

The company said it expects the acquisition of Heydude, announced in December last year, to close in February 22, subject to customary closing conditions. Both Heydude and Crocs brands are expected to contribute to the company's total sales growth targets in the next four years.

"We are excited about our sustainable growth trajectory for both the Crocs and Heydude brands and are confident in our plan to grow to $6 billion in revenues by 2026."
 

Copyright © 2023 FashionNetwork.com All rights reserved.