86
Fashion Jobs
SHISEIDO
K-Key Account Lead
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
By
Reuters
Published
Mar 31, 2009
Download
Download the article
Print
Text size

Crocs extends credit facility by six months

By
Reuters
Published
Mar 31, 2009

SAN FRANCISCO, March 31 (Reuters) - Shoe maker Crocs Inc (CROX.O) said on Tuesday March 31 it received a six-month extension of its credit facility with Union Bank of California that was due to expire later this week. The existing facility will now mature Sept. 30 instead of April 2, the company said.


www.Crocs.com

"Crocs is currently continuing negotiations with other financial institutions to arrange longer term financing," the company said in a statement.

The company, which manufactures colorful casual shoes made of resin, had $51.6 million in cash and cash equivalents and $22.4 million in borrowings under its revolving credit facility as of Dec. 31.

Earlier this month, the company said that its existing cash resources and cash flows from operations would likely be enough to meet ongoing business needs through March 31.

Crocs, whose revenue has plummeted as consumer interest in its product has waned, has been trying to cut costs and lower inventory levels in recent months to better align with recent sales trends.

Shares of Crocs closed 3 cents higher, or 2.6 percent, at $1.19 on the Nasdaq. (Reporting by Alexandria Sage; Editing by Gary Hill)

© Thomson Reuters 2024 All rights reserved.