Crocs Is Crushing It in China. Here’s Why | WSJ

• China once promised growth. Now, it's pushing back against America's biggest brands. In March, Nike reported that its quarterly sales in China had fallen 17% from a year earlier.While many American brands are struggling in China hit by tough local competition and factors like rising anti-American sentiment, this unlikely American brand is doing quite well. Crocs' revenue in China has grown more than 30% during the most recent quarter, while its North America revenue declined by around 6.5%. The key.Crocs ...