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slo capital

Crocs

The shoe train that keeps on printing cash

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Justin
Sep 23, 2025
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There are businesses that need to stay fashionable to survive, and there are businesses that quietly compound because they’ve found a way to turn fashion into a cash machine. Crocs lives in the second camp. It is not a factory story or a patent fortress. It’s a brand with a peculiar silhouette, a plastic chemistry (Croslite™), and a habit loop that now …

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