Gone will be the days of yesteryear, when ONTD exploded in hatred towards the dreaded foam footwear;
The colorful foam clogs appeared in 2002, just as the country was recovering from a recession. Brash and bright, they were a cheap investment (about $30) that felt good and promised to last forever. Former president George W. Bush wore them. Aerosmith lead singer Steven Tyler wore them. Your grandma wore them. They roared along with the economy, mocked by the fashion world but selling 100 million pairs in seven years.
"The company's toast," said Damon Vickers, who manages an investment fund at Nine Points Capital Partners in Seattle. "They're zombie-ish. They're dead and they don't know it."
Ro wearing a croc ensemble
Beach attire for Jack Nicholson
ETA: "Actor George Clooney has promised to work with the company, Duerden told analysts. Maybe he could wear a red pair."
This was pointed out in the comments, I can't believe I didn't mention it. I hope this is a lie!
Source and Google Search