Fads come and go. Remember Saddleback jeans?
And it was a happy day when most of us (you can do it, Tennessee) kissed the mullet goodbye!
And now, I foretell the fad of Crocs slowing down.
Crocs has filed for Chapter 11. Maybe people have heard about all the law suits from kids getting the shoes stuck in escalators.
Or maybe, the company shot itself in the resin foot.
So here is the conundrum..... The technology exists to make hosiery that doesn't run. Or tires that do not blow. But that would eliminate recurring sales. Should a company deliberately make a sub-par product to encourage repeat business? Is that a good business practice model? Is it ethical? I am tired of cheap junk from China that doesn't last 3 months. So I must admit, I admire that about Crocs. But now it has come back to bite them. Once you buy one pair, you never need to buy another, thanks to their durability.
Do we punish quality in this country?