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Quick Hits: Rubber Shoes Get the Boot


Brief scrutiny of today's headlines.

Just days after its stock took a beating on a weak earnings outlook, the beleaguered maker of trendy rubber sandals is back in the news.

Japan is asking Crocs (CROX) to change the design of its footwear for the sake of little feet. Last year, reports of children being injured when their Crocs being got stuck in escalators caused the Washington Metropolitan Transit Authority (WMATA) to post warnings on its moving stairways.

Japan's government urged supermarkets, railway stations and other commercial facilities to urge similar caution while on escalators.

Crocs, for its part, blames poor maintenance on the mishaps. A company spokesperson said it's willing to consider recommendations for safer footwear, but stopped short of taking responsibility for recent incidents. Crocs has instead chosen to focus on more pressing issues, like expanding its Pro Volleyball Tour and awarding $1 million to this year's victorious team.
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