Crocs to run fewer holiday season promotions

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The Crocs logo is seen at the company headquarters in Quebec City(Reuters) – Crocs Inc , known for its namesake clogs, said it will offer fewer discounts during the all-important U.S. holiday season this year as the shoemaker focuses on promoting a new line of products. "Last year we ran about 58 different type of promotions to different groups in our database … this year it will be more like 20," Chief Executive John McCarvel told Reuters. Crocs is planning to promote three collections this year in the United States and Europe — fur-lined products, a boot collection geared for the rain, and a new retro line of clogs. …

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