Latest Developments Columbia Sportswear – Page 3

  • Article

    Columbia reshuffles the top deck

    2017-06-26T00:00:00Z

    Columbia Sportswear announced additional moves in the strategic realignment of its corporate management, as part of an ongoing reassessment of its organizational structure. The process began in March with the appointment of Joe Vernachio at the head of the struggling Mountain Hardwear brand.Among other changes, Columbia Sportswear has appointed Jim ...

  • Article

    Columbia is worried about its U.S. clients

    2017-04-29T00:00:00Z

    Due to the unstable situation in the U.S. retail market, Columbia Sportswear has slightly downgraded its guidance for the full financial year. It predicts that sales will gain 3 percent and that net profit will range from $192 million to $199 million, compared with sales of $2.38 billion and earnings ...

  • Article

    Columbia has little growth

    2017-02-22T00:00:00Z

    The late start of the winter led to weaker than anticipated sales for Columbia Sportswear in the fourth quarter but sales were still up by 3 percent to $717.4 million, which was a rise of 2 percent in constant currencies. The U.S. outdoor group's turnover for the full year reached ...

  • Article

    Affected by U.S. retail caution, Columbia rises in Europe

    2016-11-08T00:00:00Z

    After a small decline in turnover and net income for the third quarter, Columbia Sportswear has adjusted its sales guidance for the full year, estimating that sales should increase by about 4 percent, including less than one percentage point of negative impact from currency exchange rates.The group's sales dipped by ...

  • Article

    Weak growth for Columbia

    2016-07-29T00:00:00Z

    Columbia Sportswear's sales were up by just 2 percent in dollars and local currencies in the second quarter ended June 30, but they still reached a record level of $388.8 million for the period. The variation is not very significant as this is the weakest quarter in the group's financial ...

  • Article

    Robust quarter for Columbia despite warm weather

    2016-02-25T00:00:00Z

    Columbia Sportswear's sales in Europe, the Middle East and Africa (EMEA) declined by 15 percent to $58.2 million in the three months to the end of last year. Sales contracted by 6 percent in constant currencies, due to a fall of more than 30 percent in sales to distributors. The ...

  • Article

    ManUnited teams up with Columbia and TaylorMade

    2016-01-22T00:00:00Z

    Football is the biggest spectator sport. With 660 million fans around the world, half of them in Asia, the Manchester United Football Club is probably still the most famous football club, in spite if its recent under-performance. In an unusual move, the club has entered co-branding partnerships with two major ...

  • Article

    Strong results at Columbia, except in Russia and Asia

    2015-10-31T00:00:00Z

    A slump of more than 30 percent in sales to distributors in Europe, the Middle East and Africa hurt Columbia Sportswear's performance in the region for the third quarter. Chiefly attributed to Russia, where Columbia works through Sportmaster, this decline could not be entirely compensated with sales expansion at a ...

  • Article

    Columbia posts record sales and raises full-year outlook

    2015-08-10T00:00:00Z

    Columbia Sportswear reported a sales increase of 17 percent to $380.2 million in the second quarter. On an organic basis, excluding the acquisition of Prana and foreign currency impacts, the turnover went up by 11 percent in the quarter, which is the company's smallest one in terms of revenues, historically ...

  • Article

    Columbia rejigs its top management

    2015-03-31T00:00:00Z

    Columbia Sportswear has announced a reorganization of its top management, describing it as a move to drive continued profitable growth. The group expects the company's sales to expand at double-digit rates for apparel in constant currencies this year, compared with $1.7 billion in 2014, while footwear sales are predicted ...

  • Article

    Columbia ended 2014 strongly

    2015-02-25T00:00:00Z

    Columbia Sportswear's sales jumped by 27 percent in the fourth quarter of 2014 to $677.0 million, generating a 57 percent higher operating profit, equal to 12.1 percent of sales, and a 51 percent higher net income of $55.6 million. On an adjusted basis, the operating margin reached 13.0 percent, up ...

  • Article

    Columbia rises by 14% organically

    2014-11-03T00:00:00Z

    Columbia Sportswear's sales were flat on a constant-currency basis in Europe, the Middle East and Africa (EMEA) during the third quarter ended Sept. 30. In terms of dollars, EMEA sales increased by 1 percent to $78.8 million. The group's revenues were up in dollars by 26 percent in the U.S. ...

  • Article

    Columbia hires new manufacturing and marketing executives

    2014-10-14T00:00:00Z

    Columbia Sportswear has hired Steve Woodside, formerly at VF Corp., as vice-president of global manufacturing and appointed Stuart Redsun, a former executive at Under Armour, to the newly-created role of chief marketing officer.Woodside, who will report directly to Columbia's chief operating officer, Bryan Timm, joined Columbia on Aug. 25. His ...

  • Article

    Europe and footwear lift Columbia

    2014-08-01T00:00:00Z

    A rebound in European sales helped Columbia Sportswear to post a 15.6 percent increase in total revenues to $324.2 million for the second quarter ended June 30. For the whole Europe, Middle East and Africa (EMEA) region, they were up by 39.1 percent to $72.9 million in the quarter, with ...

  • Article

    Columbia buys prAna

    2014-05-10T00:00:00Z

    While reporting stellar results for the first quarter (see the next article), Columbia Sportswear announced yesterday the takeover of Prana (the company spells its brand name as prAna), the American brand of lifestyle, yoga, rock-climbing and fitness clothing and accessories, for $190 million.Tim Boyle, president and chief executive of the ...

  • Article

    Excellent quarter for Columbia, but not in Europe

    2014-05-10T00:00:00Z

    Columbia Sportswear is upgrading its financial outlook for this year in reporting a 120 percent increase in net income to $22.3 million on 22 percent higher revenues of $424.1 million for the first quarter of 2014.All the geographies delivered double-digit sales growth except for Europe, the Middle East and Africa, ...

  • Article

    New momentum for Columbia

    2014-02-27T00:00:00Z

    Columbia Sportswear reported a sales increase of only one percent to $1,685 million in 2013, but the company enjoyed a higher-than-expected sales increase of 6 percent in the fourth quarter and the management sees the growth accelerating to a rate of between 15 and 17 percent in 2014. More than ...

  • Article

    Columbia Sportswear wants to be more competitive

    2013-12-09T00:00:00Z

    Columbia Sportswear will introduce new products with lower entry price levels and new technologies in Europe and the rest of the world. Noting that the purpose of this is to become more competitive and affordable, responding to consumers' demand for better value, Franco Fogliato, the newly-minted European manager of the ...

  • Article

    Columbia is optimistic

    2013-10-28T00:00:00Z

    Announcing a 14 percent increase in its quarterly dividends, Columbia Sportswear's board of directors was said to be confident in better results going forward. In fact, while they were still largely negative, the results released for the third quarter ended on Sept. 30 were better than forecast, due especially to ...

  • Article

    Fogliato will run Columbia in Europe

    2013-10-04T00:00:00Z

    Columbia Sportswear has named Franco Fogliato senior vice president for Europe, the Middle East and Africa (EMEA) with effect from Nov. 4. As reported in the previous article, Fogliato is on the verge of leaving Billabong International, where he spent nine years after holding various leadership roles at The North ...