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Crocs: From Phenomenon to Flop

Crocs: From Phenomenon to Flop

Regardless of how you might feel about their aesthetics, there’s no disputing that Crocs have ascended to a level of fashion phenomenon rarely seen, owing to its combination of comfort, price point and easily recognizable appearance. But despite their ubiquity that seemingly defies demographic, the company is in the throes of financial turmoil and may very well be on its way to obscurity.
As the Washington Post reports:
The company swung from a profit of $168.2 million in fiscal year 2007 to a loss of $185.1 million last year. In its annual report, Crocs said that an independent auditor expressed concerns about [...]

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Pic: Where Old Computers Go To Die

Pic: Where Old Computers Go To Die

Ever thought about the final resting place of your Commodore 64 or Apple IIC? Thanks to a rapidly evolving technology industry that relies on a combination of built-in obsolescence coupled with “the next big thing,” those prehistoric precursors to our modern day machines most likely wound up in a landfill somewhere (unless they’re collecting dust in your parents’ attic) still carrying a bevy of toxic materials like mercury, cadmium and lead to their graves.
As the true environmental and human costs of this electronic waste have come to light in the Western world, we’re witnessing the typical “not in my backyard” [...]

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