Crocs’ second-quarter revenue growth was even more than company officials’ most optimistic predictions, but the supply chain could hamper that uptick in Q3 and beyond. Meanwhile, Gap has streamlined its rewards programs and retailers are making beauty products a focus again, including an emphasis on D2C.
Data:
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93%: Revenue growth from Crocs in 2021 Q2, far exceeding internal predictions.
37M: Number of members in Gap’s integrated loyalty program.
75%: Share of consumers who bought retail products online in the last 12 months.
77%: Portion of consumers who want to buy from sustainable, environmentally responsible brands.
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45%: Share of consumers who consider rewards programs important.
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