GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Crocs

With sources from: cnbc.com, vogue.com, complex.com, fool.com and many more

Statistic 1

The most expensive pair of Crocs ever sold were a collaboration with luxury fashion brand Balenciaga, priced at $850.

Statistic 2

Crocs Inc.'s net income soared to $319 million in 2020, partially driven by collaborations with high-profile brands and celebrities like Justin Bieber and Post Malone.

Statistic 3

According to Statista, Crocs shoes are most popular among customers aged 18-29, who were responsible for 30.8% of sales in 2020.

Statistic 4

There are an estimated 13 designer collaborations of Crocs shoes priced over $100.

Statistic 5

The Balenciaga Crocs debuted at the brand's Spring 2022 show are so popular that they have outpaced some Balenciaga's most iconic bag styles in terms of online searches.

Statistic 6

BEAMS x Crocs, a Japanese brand collaboration, come with removable fanny packs and are sold out with a market availability price tag of $140.

Statistic 7

KFC x Crocs Bucket Clogs, priced at $59.99 upon release, sold out in less than an hour and have since been resold for prices of up to $80.

Statistic 8

The resale value for the Post Malone X Crocs Duet Max Clog II increased by 400% over the original retail price after they were sold out.

Statistic 9

Crocs revenue in North America climbed 63.8% in 2021 Q2, reaching a record $640 million in sales.

Statistic 10

According to Google Trends, web searches for 'Expensive Crocs' surged by 500% following the release of the Balenciaga x Crocs 2.0.

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In this post, we explore the fascinating world of Crocs, a brand that has evolved far beyond its humble origins as a simple, functional shoe. From lucrative collaborations with luxury fashion houses to skyrocketing revenues, Crocs have captured the attention and wallets of consumers across various demographics. Join us as we delve into the statistical highlights that shed light on the evolving landscape of this once-controversial footwear choice.

Statistic 1

"The most expensive pair of Crocs ever sold were a collaboration with luxury fashion brand Balenciaga, priced at $850."

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Statistic 2

"Crocs Inc.'s net income soared to $319 million in 2020, partially driven by collaborations with high-profile brands and celebrities like Justin Bieber and Post Malone."

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Statistic 3

"According to Statista, Crocs shoes are most popular among customers aged 18-29, who were responsible for 30.8% of sales in 2020."

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Statistic 4

"There are an estimated 13 designer collaborations of Crocs shoes priced over $100."

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Statistic 5

"The Balenciaga Crocs debuted at the brand's Spring 2022 show are so popular that they have outpaced some Balenciaga's most iconic bag styles in terms of online searches."

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Statistic 6

"BEAMS x Crocs, a Japanese brand collaboration, come with removable fanny packs and are sold out with a market availability price tag of $140."

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Statistic 7

"KFC x Crocs Bucket Clogs, priced at $59.99 upon release, sold out in less than an hour and have since been resold for prices of up to $80."

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Statistic 8

"The resale value for the Post Malone X Crocs Duet Max Clog II increased by 400% over the original retail price after they were sold out."

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Statistic 9

"Crocs revenue in North America climbed 63.8% in 2021 Q2, reaching a record $640 million in sales."

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Statistic 10

"According to Google Trends, web searches for 'Expensive Crocs' surged by 500% following the release of the Balenciaga x Crocs 2.0."

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Interpretation

In conclusion, the statistics presented highlight a remarkable trend towards luxury collaborations and innovative designs within the Crocs market. The success of high-priced collaborations such as the Balenciaga Crocs and the BEAMS x Crocs reflects a growing consumer appreciation for unique and stylish footwear. Additionally, the surge in resale value for limited-edition Crocs and the rapid sell-out of special collections like the KFC x Crocs Bucket Clogs demonstrate the strong demand for these exclusive offerings. Crocs' strategic partnerships with celebrities and high-profile brands have clearly contributed to the company's impressive financial performance, as evidenced by the significant increase in net income and revenue. Overall, these statistics illustrate how Crocs has effectively capitalized on current fashion trends and consumer preferences to solidify its position in the market.

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