Latest Developments Columbia Sportswear – Page 3
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Columbia’s sales growth is softening
The management of Columbia Sportswear is projecting an increase of 4.5 to 6.0 percent in its total sales this year, with an operating margin of 12.6 to 12.8 percent.
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Another set of record results for Columbia
Columbia Sportswear is having a vintage year, scoring record results for the past two quarters. Revenues rose by 14 percent in the third quarter ended on Sept. 30 to $906.8 million, while net income improved by 19 percent to $119.3 million – both all-time records for the group. The gross ...
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Columbia’s “tough mother” has passed away
Gertrude “Gert” Boyle died on Nov. 3 at the age of 95. This iconic figure of the international outdoor industry, who has been often referred to, in effective advertising and elsewhere, as “one tough mother,” was the chairwoman of Columbia Sportswear.With her death, the company's chairmanship will pass temporarily to ...
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Record Q2 results for Columbia
Columbia Sportswear's net income rocketed by 137 percent to $23.0 million in the seasonally small second quarter ended June 30. One of the drivers was an exceptionally strong counter-seasonal business with Columbia's line of performance fishing gear, PFG, which is approaching an annual turnover of $200 million.The group's quarterly revenues ...
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A stellar year for Columbia
Columbia Sportswear managed to pull off record results for 2018, while making substantial investments in demand creation and other strategic priorities. The growth was broad-based across its brand portfolio and geographic regions, with improvements in both the wholesale and direct-to-consumer (DTC) distribution channels.In the seasonally important fourth quarter, the company's ...
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Robust quarter for Columbia
Columbia Sportswear has upgraded its guidance for the full year, after broad-based increases in sales and profits for the third quarter.The group's turnover moved up by 6 percent to $795.8 million for the three months, up by 7 percent in constant currencies, with equivalent increases for the apparel and footwear ...
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Columbia keeps OutDry to itself
Columbia Sportswear, which acquired OutDry Technologies eight years ago, quietly decided to take no more orders for the waterproof-breathable membrane placed by any of its 50-plus external clients after May 15. The company will continue to use the special lamination technology only for the products of its own brands, including ...
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Columbia grows the most in Europe
Out of all the regions where Columbia Sportswear operates, Europe recorded the largest revenue growth in the first quarter of 2018, helping the U.S. outdoor group to post record profits and margins. Continuing the strong performance registered during the fourth quarter of last year, sales soared in the first three ...
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Columbia to buy out China joint venture
Columbia Sportswear and Swire Resources will part on friendly terms from their joint venture in China after Columbia stated its intention to acquire the remaining 40 percent in Columbia Sportswear Commercial (Shanghai).An amicable press release issued by Columbia and Swire states that Swire Resources will continue as the exclusive independent ...
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Columbia Sportswear gains traction in Europe
Columbia Sportswear raised its sales by 19 percent in Europe, the Middle East and Africa (EMEA) to $83.5 million for the fourth quarter of 2017, up by 14 percent in constant currencies. It was the strongest regional increase in a better-than-expected quarter for the U.S. outdoor company, which ended the ...
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Buoyant European demand for Columbia
Columbia Sportswear has met robust demand in Europe, the Middle East in Africa (EMEA) in the third quarter, with a regional sales increase of 15 percent in constant currencies.The increase has helped the U.S. outdoor company to report a sales increase of 1 percent to $747.4 million for the quarter. ...
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New management changes at Columbia
Columbia Sportswear has appointed Russ Hopcus to be the new president for its Prana brand. The group also reported the departure of Stuart Redsun, senior vice president and chief marketing officer of the group, and said that Joe Boyle, president of the Columbia brand, will also take care marketing for ...
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Columbia to ramp up online investment
Columbia Sportswear has embarked on a project to increase brand awareness and sales growth across its wholesale and retail business, with a focus on digital sales and infrastructure. This comes after an assessment of the outdoor group's operating model, which has already led to a substantial management reshuffle last month.The ...
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Columbia reshuffles the top deck
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 ...
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Columbia is worried about its U.S. clients
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 ...
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Columbia has little growth
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 ...
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Affected by U.S. retail caution, Columbia rises in Europe
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 ...
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Weak growth for Columbia
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 ...
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Robust quarter for Columbia despite warm weather
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 ...
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ManUnited teams up with Columbia and TaylorMade
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 ...
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