The firm plans to close another 132 stores by the end of 2018.
They company did not get specific about where the shoes would now be manufactured or in what country.
The company is headquartered in Niwot, Colorado, thirty miles outside of Denver.
Crocs suffered years of steadily declining growth with share prices more than halving between 2014 and 2017, when they hit a low of $5.94 each.
However, the company has since turned the business around including the launch of a high-heeled version of its signature shoe in July this year.
Share prices more-than tripled between May last year and June this year, and while values have tapered off since, the company seems intent on chasing further growth.
Crocs said it expects fiscal 2018 revenue of about $1.02 billion, slightly below analysts' expectations of $1.05 billion.
Andrew Rees, CEO and president, said: 'Our clogs and sandals continue to perform well, and we are well positioned for the back half of the year.
'We expect double digit e-commerce growth and moderate wholesale growth to more than offset lower retail revenues due to operating fewer stores and business model changes.'