Crocs buys Heydude for $2.5bn

crocs

Crocs has entered into a definitive agreement to acquire Heydude, a privately-owned, high-growth casual footwear brand, for $2.5 billion. The U.S. footwear company, mostly known for its clogs, estimates that the acquisition will turn it into the second largest group of branded casual footwear, with forecast revenues approaching $4 billion ...

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