Gates or the US Crocs shoe Company

Every journalist Huang Qingyan from Shanghai in recent years has been popular, in the United States almost "hands a pair", in China also blowing up the popular Crocs Shoes (Karu) manufacturers may face bankruptcy. A few days ago, in the financial crisis, the demand for Crocs, the product unsalable, manufacturers last year, the loss of 185 million U.S. dollars, before September this year need to pay off millions of U.S. dollars of debt.　　Deloitte is worried that manufacturers face a bankruptcy crisis. More than a generation of Chinese factories to adjust "crocs in China's factory investment scale of more than 200 million yuan."　　"According to the daily economic news, people familiar with the matter said Crocs in China looking for the generation of factories are mainly the world's first shoe enterprise Yue Yuan Group and the world's second-largest shoe enterprise long code group in Dongguan, Shenzhen and other sites of the factory, the production of raw materials by the Crocs in Shenzhen, the unified distribution of the company. It is understood that from 2008 onwards, crocs in the domestic orders on the decline in the trend, "from the beginning of 2007, Crocsbeach in the domestic almost no orders, orders are transferred to the Mexican factory, last year, some crocs the main generation of factories began to sell.　　These people pointed out that Crocs's adjustment in Chinese orders had already begun. Less than 1/10 of the Crocs counterfeits in the formal licensing channel are favored in China. "If the production of more than 10,000 pairs, the production cost is about 6 yuan."　　"Production crocs" high imitation "products in Fujian, a shoe factory responsible for the" daily economic news "said. It is understood that in Fujian, Zhejiang, Guangdong is active in a large number of production Crocs counterfeit products factory, they 8 Yuan ~10 the price of products wholesale to distributors throughout the country. According to the above shoe factory responsible person, last summer, their sales reached 50,000 pairs.　　The manufacturers of counterfeit goods said that because the Crocs shoe profile did not apply for a patent, as long as the shoe buckle does not make Crocs patent right crocodile, will not cause "trouble". At the same time as the Chinese market encountered fakes, Crocs also suffered high short-selling rates in the stock market.　　According to the Financial Times, a number of market participants believe that the rapid development of crocs, with its strong popularity, is suspicious of its sustainable profitability, thus encountering a lot of short-selling in the two tier market. Or was the gates acquisition in the face of bankruptcy crocs, the news that Gates personal investment banking Enterprise Cascade Investment (Cascadeinvestment) will lead the acquisition of the United States Crocs Shoe company.　　The news that the recent Crocs management has been in turmoil, gates thus seize advantage. It is reported that Crocs shoes sold 100 million pairs in 7 years, the manufacturer 2007 still made a profit of 168 million U.S. dollars, but in a financial crisis turned into a loss, last year to dismiss 2000 people, the share price plunged 76%. The rise and fall of Crocs shoes is a thermometer of the U.S. economy, when the U.S. property market was buoyant in 2006, Crocs shoe manufacturers listed to raise moneyMore than $200 million trillion is the biggest issue in the footwear industry. Manufacturers are expanding their businesses with capital, acquiring Jibbitz for Crocs shoe vents and setting up factories in China and Mexico.