The clogmaker is the latest industry company to cease operations in Russia following its invasion of Ukraine, noting that only about 2% of its business comes from the country. It will stop shipping to Russia, and closed stores and e-commerce, but will continue paying corporate and retail staff there, while committing to support humanitarian relief efforts. CROX also mentioned that it hasn’t seen any change in consumer habits in the rest of Europe due to the conflict.

Crocs reiterated its plans to grow the combined Crocs and Hey Dude business to $6 billion in revenues by 2026, in a presentation at ... Log in to view full article.