Depression Update: Crocs to disappear forever
Well according to this article, Crocs will not live out the year. This means you’ll have to look at fewer people walking around in brightly colored plastic shoes, and only backs up Jeffrey Tucker’s theory that Depressions produce better style (among men at least).
But interestingly, the article also notes 11 other major brands that will die before year’s end. The Chrysler and Saturn line of cars will be gone as will at least one more major Airline.
But Tucker actually made these brands fail:
The GAP brands (such as Banana Republic) will be gone soon, as will Eddie Bauer.
Could it be that everyone is now buying wool slacks instead of khakis?