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EXEC: Crocs Seeks $50 Million in Cost Savings to Offset Tariffs

On Crocs Inc.’s Q1 analyst call, Andrew Rees, CEO, said the footwear maker suspended its guidance for 2025 primarily due to the company’s inability to forecast the financial impact from future tariffs and identified a further $50 million in additional savings to offset the potential fallout.

Dawgs Secures Federal Circuit Win Against Crocs

Dawgs and parent Double Diamond Distribution Ltd. reported that Crocs must return to court to face allegations it violated federal false advertising laws with promotional claims that its shoes are made of “patented” materials.