Depression Update: Crocs to disappear forever
Well according to this article, Crocs will not live out the year. This means you'll have to look at fewer people walking around in brightly colored plastic shoes, and only backs up Jeffrey Tucker's theory that Depressions produce better style (among men at least).
But interestingly, the article also notes 11 other major brands that will die before year's end. The Chrysler and Saturn line of cars will be gone as will at least one more major Airline.
But Tucker actually made these brands fail:
The GAP brands (such as Banana Republic) will be gone soon, as will Eddie Bauer.
Could it be that everyone is now buying wool slacks instead of khakis?
Comments (11)
filc
Banana has nice shirts >
Published: April 23, 2009 12:22 AM
Tom Albrecht
Crocs was going down the tubes for a few years noe. Their stock was as inflated as their egos when, for a while, they thought they were God's gift to footware. I'll be glad to see them go.
Published: April 23, 2009 2:07 AM
David Ch
No surprise there: the only place I've seen crocs lately is at traffic lights - on the feet of beggars ( I think you call them panhandlers over there.....).
Published: April 23, 2009 3:31 AM
Speedmaster
I will certainly NOT miss Crocs. ;-)
Published: April 23, 2009 7:36 AM
Sovy Kurosei
Glorious news. It made my morning. Thanks.
Published: April 23, 2009 7:45 AM
charleydan
Not Hip---but enjoy my crocks that are toe closed and many never realize they are crocks.
Published: April 23, 2009 8:15 AM
Old Hop
Strange. I have a link to the Library of Congress site with thousands of Farm Service Administration photographs taken during the last Great Depression. I see images of men in wrinkled cotton shirts and khakis (if not overhauls) and barefoot children. Not sure Tucker's theory holds in every locale.
Published: April 23, 2009 8:20 AM
Lucas
Apart from the Crox part, this blog is prone to gross black and white characterizations and 'lists' that predict a variety of absolutes like "cease to exist" - great sensationalism, not all that reliable.
Published: April 23, 2009 1:28 PM
George Tirebiter
Crocs disappearing is certainly no loss. These tasteless plastic wraps are a perfect example of the cheap throw away garbage (mostly from China) that has increasingly filled retail stores in the US over the last 10 years. May this kind of crap all disappear.
Published: April 23, 2009 5:27 PM
richard
always someone who will predict.. let me add mine..10 years from now there will a shortage of Crocs...
all this is rubbish
Published: April 26, 2009 8:52 PM
LibertyTiger
You can pry my crocs out of my cold dead hands.
Published: April 28, 2009 2:47 PM