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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.

Read the source article at fashionunited.uk

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