Crocs. Seldom can one word strike such division.
Across two mutually exclusive camps, Crocs are seen either as the definitive work shoe, beloved by chefs and hospital workers for their comfort and durability, or as fashion’s greatest anti-fashion item that pushes boundaries to new levels of extreme cool.
On the one hand, this humble slip-on is bought by the thousands who appreciate its lightweight construction and ergonomic cushioning, ideal for long hours working on their feet (there is even a model aimed at chef's called the Bistro Pro LiteRide).
Being plastic, they are easy to keep clean and, thanks to the extruded construction, are virtually indestructible. Tales abound of a single pair lasting a decade or longer. Not bad for a shoe that costs $60.
On the other hand, this ugly, duck-billed-looking shoe is worn by arch fashionista's for a dose of rebellious irony, and has managed to pull off some serious fashion collaborations.
Crocs in high fashion demand
Christopher Kane kickstarted it all in during his spring / summer 2017 presentation, when he sent models wearing marbled Crocs decorated with real stones down the runway. While it divided opinion, the shoes sold out.
For autumn / winter 2018, Crocs joined forces with Balenciaga, the modern creator of anti-fashion fashion, to create a platform version that retailed for $800. Its creative director, Demna Gvasalia (who also co-founded that other rule-smashing brand, Vetements) is highly regarded as a true trendsetter. He is so in sync with his audience, he gives them what they want before they have even thought of it.
Next came a kitten-heeled version the following season with Balenciaga, and then a stiletto version by the visual artist Gab Bois.
Canny collaborations and high price points
It may be a hard-working utility shoe, but the Crocs masterminds carefully choose who they work with. At the height of the pandemic, it teamed up with Justin Bieber's brand drew house, to launch a bright yellow, smiley face-decorated pair. In July 2020, the singer teased the collaboration on social media and Crocs' shares jumped 11 per cent, as reported by Business Insider.
In 2018, there was the collection made with New York streetwear name, Alfie, which incorporated a sock, creating possibly the world’s most comfortable shoe. Selling for $80 a pair, it was soon spotted on the likes of Pharrell and even Kanye West. The latter later launched his own foam slip-on shoe under his Yeezy label.
The Japanese artist Takashi Murakami also created a pair with Crocs in November 2019. It was splashed with his signature colour, and immediately sold out.
Then there was the launch with Los Angeles streetwear brand, Pleasures. Aimed at the rock/punk/skater crowd, it designed a pair in black, decorated with a white skeleton foot. It was released in October 2019 for $60 a pair, and they are now trading on resale sites for up to $450.
Even that bastion of refined gentility, Liberty London, tied up with Crocs in March 2020, creating flowery shoes, decorated with a handkerchief of real fabric, priced at $276 a pair.
In September 2020, Puerto Rican singer Bad Bunny released a pair of white Crocs with glow-in-the-dark Jibbitz (the name for the detachable decorations on Crocs), which, again, completely sold out.
Singer Post Malone has also done several designs with Crocs, the first of which sold out in under 10 minutes. Now they are found only on resale sites for $500-plus per pair.
And now we have news that rapper Drake has taken to social media to show off his new Crocs. Sitting on top of a $150 million fortune, Drake is clearly a canny operator, and chooses his moves careful. That we see him wearing Crocs can hardly be a coincidence.
The shoe of 2021?
As fashion pedigrees go, Crocs is almost faultless (this statement excludes the nightmare-inducing tie-up with KFC that, incredulously, sold out), and the company definitely knows its audience.
It is constantly bring new drops to market – almost one new design per month – following in the footsteps of Supreme, the streetwear brand that turned the traditional selling model upside down and recently sold for $1.2 billion.
As we all move to embrace the Gen-Z style of dressing – to mix whatever you want, however you want – those stuffy days of fashion 'rules' are over. Having all endured 2020, there is now a collective desire to express our authentic selves.
Seemingly in tune with this, with a targeted strategy and daring collaborations, Crocs has transformed itself from simple workwear into offering alternatives to those who want to stand out from the norm.
Think you will never wear them? Think again. While the fashion industry took a hit during 2020, Crocs saw its sales rise by 12 per cent, as more people work from home and crave comfort wear.
With its offering of constantly evolving, limited editions, Crocs may well be seen as ironic anti-fashion, but it is also set to become the shoe of 2021.
So, do yourself a favour and go and get yourself a pair, because, at the very least, your feet will be comfortable.
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Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
MATCH INFO
Alaves 1 (Perez 65' pen)
Real Madrid 2 (Ramos 52', Carvajal 69')
Citizenship-by-investment programmes
United Kingdom
The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).
All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.
The Caribbean
Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport.
Portugal
The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.
“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.
Greece
The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.
Spain
The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.
Cyprus
Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.
Malta
The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.
The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.
Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.
Egypt
A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.
Source: Citizenship Invest and Aqua Properties
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Pathaan
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