Big Law
Crocs Completes Its Acquisition of Hey Dude
Crocs, Inc. has completed its previously announced acquisition of Hey Dude, a privately-owned casual footwear brand. The closing is effective as of February 17, 2022.
The company said in a statement that the acquisition of Hey Dude adds a second high-growth, highly profitable brand to the Crocs portfolio. The new brand is expected to be immediately accretive to the company’s revenue growth, operating margins and earnings.
