All Sorel articles
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ArticleColumbia pulls FY25 guidance on market uncertainty
In Q1, ended March 31, the company reported 4.1 percent operating income growth to $46.5 million.
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ArticleColumbia reports Q2 loss, but brand awareness rises in Europe
Columbia Sportswear’s guidance for the full year remains unchanged despite a loss in the second quarter.
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ArticleColumbia slightly lifts FY guidance
Columbia Sportswear continues to project a 2 to 4 percent annual sales decline to $3.35 to $3.42 billion for the full fiscal year. Still, it has raised its operating profit outlook from a prior forecast by a modest 1 percent to $259–$291 million. Annual gross margin is now forecast to ...
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ArticleColumbia faces revenue decline challenge
With a warm winter and a difficult US marketplace to contend with in its seasonally strong final quarter of the year, Columbia Sportswear reported a 27 percent drop in operating income to $113.1 million from $155.4 million and a 9 percent decline in total revenues to $1.06 billion from $1.17 ...
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News briefsColumbia Sportswear has new President for Sorel brand
Columbia Sportswear Company has announced a new President for its Sorel brand. Cory Long will be joining the company in December 2023. Source: Columbia Sportswear Cory Long, new President of Sorel Long is a veteran of the footwear and apparel industry, most recently serving as Global ...
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News briefsMarks & Spencer expands its online roster of sports brands
British retailer Marks & Spencer (M&S) has added an extensive mix of womenswear products from Adidas and Sweaty Betty to The Sports Edit online platform, in line with its strategy of enhancing its Sportswear category. This latest addition brings the total number of third-party sportswear brands available on M&S.com to ...
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ArticleColumbia dims FY outlook as Q2 net dips 17%
Bloated inventories and challenging market conditions in the USA are forcing Columbia Sportswear to take a “more conservative” stance on its H2 and full-year results despite explosive year-over-year Q2 sales growth in China and in its lower-margin international distributor businesses. Saddled with a 21 percent year-over-year increase in Q2 ...
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ArticleColumbia’s Q1 revenues bolstered by early spring shipments, DTC channel
While Columbia Sportswear generated both lower gross and operating margins in Q1, the company was able to report 10 percent constant-currency revenue growth to $820.6 million thanks to early shipments of Spring 2023 wholesale orders and a reported 4 percent increase in direct-to-consumer sales to $368.1 million. “2023 is off ...
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ArticleColumbia eyes 3% to 6% sales growth in FY23, EMEA strong in FY22
After navigating supply-chain issues and product-delivery delays in 2022, Columbia Sportswear is intent on reducing its inventory level to be more in line with demand and generating 3 to 6 percent revenue growth this year in the range of $3.57 to $3.67 billion. The group is also eyeing an annual ...
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Article
International is important cog in Columbia’s growth plan
Columbia Sportswear unveiled a three-year financial target plan last week that calls for potential double-digit growth on its profit & loss statement that will be driven by sales gains outside its home U.S. market, footwear and digital. In FY22, the company confirmed a guidance call for 10 to 12 percent ...
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ArticleColumbia Sportswear posts double-digit sales gains in EMEA, U.S., led by footwear
Columbia Sportswear’s first-quarter net income rose by 20 percent to $66.8 million as total sales increased by 22 percent to $761.5 million against $625.6 million for the period ended March 31. Operating income was down slightly at 11.0 percent versus 11.3 percent, while gross margin was off 170 basis points ...
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News briefsColumbia publishes 2020 sustainability report
In its 2020 sustainability report, Portland-based Columbia Sportswear Company (CSC) reveals details on the success made within its four brands Columbia, Mountain Hardwear, Sorel and Prana in terms of CSR topics and sustainability. The group responded to the challenges by Covid-19 with a “Catastrophic Paid Leave” in the U.S. and ...
