Crocs

Crocs, Inc. is a shoe manufacturer founded by Scott Seamans, Lyndon 'Duke' Hanson, and George Boedecker, Jr. to produce and distribute a foam clog design acquired from a Quebec company called Foam Creations. The shoe was originally developed as a spa shoe. The first model produced by Crocs, the Beach, was unveiled in 2002 at the Ft. Lauderdale Boat Show in Florida, and sold out the 200 pairs produced at that time. Crocs, Inc. designs, develops, manufactures, markets, and distributes casual lifestyle footwear, apparel, and accessories for men, women, and children worldwide. The company designs and sells a range of footwear and accessories that utilize its proprietary closed cell-resin, called Croslite. Its footwear products include sandals, sneakers, mules, and flats and boots. Crocs, Inc. offers its accessories products with colorful snap-on charms under the Jibbitz brand name. The company sells its products through retailers and distributors, as well as directly to consumers through its company-operated retail stores, outlets, Web stores, and kiosks in several countries world wide. The company was founded in 1999 and is headquartered in Niwot, Colorado.