BROOMFIELD, Colo., March 9, 2022 /PRNewswire/ — Crocs, Inc. (NASDAQ: CROX) announced this morning that it has made the decision to suspend its direct-to-consumer business, including e-commerce and retail operations, in Russia. The company also suspended the import of goods into the country.
Crocs is devastated by the tragic war of Ukraine and stands in solidarity with those affected by and suffering from this humanitarian crisis.
During this difficult time, the company remains focused on supporting its colleagues in the region. In Russiaall corporate and retail staff will continue to be paid during this break.
“Comfort is needed more than ever and we are delighted to donate to UNICEF to support those directly affected by war. Also, as a human-oriented organization, taking care of our employees remains a priority absolute,” the Crocs chief said. executive officer Andrew Ree. “While our decision to suspend all business operations in Russia was decisive, our commitment to do the right thing is unwavering. Our hearts are with everyone enduring this crisis and we look forward to a speedy and peaceful resolution to the war in Ukraine.”
Through Crocs Cares, the company donated to long-time global partner UNICEF. These funds will support UNICEF’s humanitarian efforts on the ground with a focus on meeting the needs of displaced children and families across the region.
About Crocs, Inc.:
Crocs, Inc. (Nasdaq: CROX) is a global leader in innovative athletic footwear for women, men and children, combining comfort and style with value consumers know and love. The Company’s brands include Crocs and HEYDUDE and its products are sold in more than 85 countries through wholesale and direct-to-consumer channels. For more information about Crocs, Inc., please visit investors.crocs.com. To learn more about our brands, visit crocs.com or www.heydudeshoesusa.com or follow @Crocs or @heydudeshoes on Facebook, Instagram and Twitter.
Cori LinCrocs, Inc.
Melissa LaytonCrocs, Inc.