Who knew that luxury car makers would be concerned with hideously unattractive footwear? Not us. Turns out in Germany, they most certainly are. Our sibling site, GoingConcern.com, has discovered a lawsuit in Germany where Porsche is suing Crocs over use of the word "Cayman." (That's the name of the style pictured to the left. This is a Porsche Cayman.) We have to agree with their story in that there's got to be a fairly low level of confusion as to which "Cayman" one is talking about. But we cannot lie and say we don't advocate anything that chips away at the company behind these fashion abominations. We might be able to handle Fit Flops, but Crocs...never.
Crocs Made $1 Billion Last Year, Probably Won't Die Anytime Soon
The founders of Crocs shoes may not have a designed something that even comes close to being aesthetically pleasing (In fact, the Croc was developed as a "spa shoe."), but have become wildly successful in spite of that. The company announced yesterday that full-year revenue will surpass the $1 billion mark for the first time. Yes, Crocs are increasing in popularity. The shoes that make many of us cringe on-sight have withstood a lot--constant ridicule, a hate website and a few dips in stock, including a pretty big one in 2007. But the company seems to have have put all of that behind them and are somehow inspiring people to run to the mall and buy their odd-looking hole-filled slip-ons. In addition to, and largely because of, this revenue milestone; the firm's shares went up 6.3 percent, Footwear News reports.