>>
Home / Knowledge / News / Fashion / Footwear retailer Crocs Inc goes public

Footwear retailer Crocs Inc goes public

08
Feb '06
Footwear manufacturer Crocs Inc has announced that its initial public offering of 9,900,000 shares of common stock has been priced at $21.00 per share.

Crocs is offering 4,950,000 shares of common stock and selling stockholders are offering the remaining 4,950,000 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,485,000 shares at the initial public offering price to cover over-allotments.

The company will not receive any of the proceeds from the sale of shares by the selling stockholders. Crocs Inc common stock will be listed on the NASDAQ National Market under the symbol 'CROX.'

Piper Jaffray and Thomas Weisel Partners LLC are serving as joint book runners with SG Cowen & Co, BB&T Capital Markets, D.A. Davidson & Co and Wedbush Morgan Securities serving as co-managers for the offering.

Crocs Inc is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the CROCS brand. All of the company's footwear products incorporate its proprietary closed-cell resin material, which the company believes represents a substantial innovation in footwear comfort and functionality.

The company's proprietary closed-cell resin, which it refers to as Croslite(TM) enables Crocs to produce a soft and lightweight, non-marking, slip - and odor-resistant shoe. These unique properties make the company's footwear ideal for casual wear, as well as for recreational uses such as boating, hiking, fishing and gardening.

Crocs Inc


Must ReadView All

Pic: Anton_Ivanov / Shutterstock.com

Retail | On 27th Jan 2022

UK retail sales volumes fall at fastest rate in 11 months in Dec 2021

UK retail sales volumes fell by 3.7 per cent in December 2021, the...

Pic: Shutterstock

Textiles | On 27th Jan 2022

New train route links China’s Suzhou city to Milan in Italy

A new China-Europe freight train route has been started between...

Pic: Shutterstock

Apparel/Garments | On 27th Jan 2022

UN-WTO report underrates Bangladesh's RMG industry progress: BGMEA

The recent United Nations-World Trade Organisation joint report has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Christopher Astley, INDA

Christopher Astley
INDA

<font face="Arial, sans-serif"><span style="font-size: 16px;">INDA,...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Gokaldas Exports Limited
Sainsbury's Argos Asia Limited
Maceton Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Benetton Group
Sateri (Jiujiang) Fiber Co.,Ltd
Asos
International Textile Manufacturers Federation
NITI Aayog
Lacoste (Wanchai)
Desigual - ABASIC, S.A.
Gatsby Africa
Sportmaster Ltd.
MAS Active / MAS Kreeda / MAS Bodyline
THE BOMBAY DYEING ;& MFG.CO. LTD
Calvin Klein
John Varvatos
Puma
Rayonese Textile Inc., Division de Culp Inc.
Lululemon Athletica Inc
Helly Hansen Far East Ltd
The Top Form Brassiere Manufacturing Company Limited
Bluestem Global Sourcing Limited
IKEA of Sweden AB
Esprit Europe Services GmbH
Amazon China
Tommy Hilfiger
KAS Direct Sourcing
PVH Corporation
SYNERGIES HONG KONG LIMITED
Splash
Tchibo GmbH
Arvind Limited
Phong Phu international JSC (PPJ)
Abit
Gloria Jeans
IDH – The Sustainable Trade Initiative
LC Waikiki
The LYCRA Company Singapore  Pte. Ltd
Guess Europe Sagl,
Under Armour Global Sourcing Ltd
Chori Company Limited
Lenzing Aktiengesellschaft
Aquarelle Clothing Limited
Rosset ;& Cia Limited
Brandix Lanka Limited
Truetzschler India Private Limited
Midas Clothing Limited
BIANCA
OVS Hong Kong Sourcing Ltd.
Vianney Textil Hogar S.A. De C.V.
Grasim Industries Limited
C;&A Sourcing International Ltd
Walmart
Green Fibre
SHAHI Exports Pvt Ltd
Decathlon
J ;& P Coats
Recron Polyester from Reliance Industries Limited
Groz-Beckert East Asia LLP
Lifestyle
Vardhman Textile Ltd
Gap International Sourcing Limited
Cat Tuong Real Estate Group Joint Stock Company
Page Industries Limited (Bangalore)
Aramark Uniform ;& Career Apparel, LLC
Reiter India Private Limited
Lisa S.P.A.
Hirdaramani International Export Private Limited
Babyshop
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
BIMBA ;& LOLA SL
Etam Group Strategy Hong Kong Limited
Hela Clothing Pvt Ltd
G-Star Raw C.V.
Restoque S.A.
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Alison Hayes Romania
Sportswear Company Spa
Chico’ FAS
Boardriders Asia Sourcing Limited
Tory Burch Hong Kong Ltd
Huntsman (Singapore) Pte Ltd
Varner AS Retail
T.T. Limited
Target Corporation (MN)
Alix Partners
Seasalt Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Permoda(Koaj/Armi/Pronto/Bkul)

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search