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The Business of Fashion
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Crocs Shares Slump 30% Amid Tariffs and Decline of ‘Ugly Shoe’ Trend | BoF
https://www.businessoffashion.com/news/retail/crocs-shares-slump-30-amid-tariffs-and-decline-of-ugly-shoe-trend/
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Stock plummeted after the foam footwear maker predicted revenues could drop by between 9 and 11 percent in the current quarter, disappointing analysts who were expecting slight growth.
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