It has been a bad year for Crocs. If you believe the company’s naysayers, the company’s shoes are a fad that has passed and are inherently unsafe. And Crocs’ share price has plummeted from more than $74 to less than $10 over the past eight months. And now the company is having to spend time assuring Wall Street that just because it makes a few mistakes in its quarterly filings, it really isn’t a big deal.
What does advertising and PR firm PRACO/Vladimir Jones have to do with pedophilia and impaling? Denver Post business columnist Al Lewis makes the connection. And we’re sure this is just the kind of “conversation” PRACO had in mind when it changed its name.