×
By
AFP
Published
Oct 2, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Crocs share price jumps on Justin Bieber speculation

By
AFP
Published
Oct 2, 2020

All it took was a photo on Justin Bieber's Instagram of Crocs shoes and the caption "Soon", to send the company's stock jumping Thursday on speculation of a future collaboration with the Canadian pop star.


Instagram/Justin Bieber


Bieber is regularly seen wearing the plastic clogs in public.

But after a post showing a pair afloat in a pool to his 148 million followers, and a dose of online speculation, the markets appeared to take notice.

Crocs, Inc. jumped over 12 percent over the day's trading, before finishing nearly six percent up on Wall Street.

The shoemaking company has not made any announcements regarding Bieber and did not immediately reply to a request for comment.

That said, the brand has worked with celebrities before, including the release this week of a pair done in collaboration with Puerto Rican singer Bad Bunny. 

Copyright © 2021 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.