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Crocs Sees 78 Percent Income Decline in First Quarter

Crocs, Inc. reported earnings tumbled 78.0 percent in the first quarter, to $6.4 million, or 6 cents a share, from $29.0 million, or 33 cents, a year ago. Revenues inched up 0.2 percent to $312.4 million as strong gains in the Asia-Pacific region helped o

Cutter and Buck Appoints CEO

Joel Freet, previously the head of the corporate business for Cutter & Buck, has been named the chief executive officer. He replaces Jens Petersson, who has transitioned into a role in group executive management at parent company, New Wave Group AB…