Columbia lifts guidance after strong Q2, but CEO attacks freight “monopoly”

Columbia Sportswear Company

Columbia Sportswear swung to a second-quarter profit and raised its full-year 2021 forecasts but warned that “escalating” ocean-freight prices and ongoing port congestions were dragging on the annual outlook. The outdoor gear producer reported net income of $40.6 million for the three months to June 30, compared with a loss ...

Keep reading this article by becoming a member

Gated access promo

Enjoy unrestricted access to SGI Europe

To continue reading this article subscribe now

  • Unlimited access to our highly trusted industry insights and analysis 
  • Our executive edition of SGI Europe (released every 2 weeks) - the must-read for all leaders and decision makers in the industry
  • Benchmark yourself against the market and competitors
  • Find inspiration to drive your business forward
  • Stay up to date with new business models and startups
  • Download interactive charts, data and analysis, and integrate into your presentations and workflow

If you aren’t ready to subscribe now, you can REGISTER FOR FREE. Already an SGI Europe subscriber? Sign in here.