All Columbia Sportswear articles – Page 2
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Article
Columbia cuts outlook as net falls 17% in Q2
Bloated inventories and challenging market conditions in the U.S. 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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News briefs
Columbia hires new PrAna brand president
Columbia Sportswear has named Tricia L. Shumavon as the new brand president of its PrAna brand. She succeeds Monica Mirro, who joined PrAna in 2021 from Swim USA and left the company in April of this year, after which Columbia SVP of Emerging Brands Craig Zanon stepped in as interim ...
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News briefs
Sorel’s president stepping down
Columbia Sportswear Company announced that Mark Nenow, President of the Sorel brand, has resigned to focus on his health. Nenow joined the company in 2007 to lead footwear. He recognized a unique opportunity to transform the Sorel brand, from primarily a men’s winter work boot to a fashion-forward, all-season women’s ...
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News briefs
Kith and Columbia collaborate on fishing collection
Luxury streetwear brand Kith has renewed its partnership with Columbia Sportswear to present the Kith for Columbia PFG 2023 collection, a range of fishing apparel, footwear and accessories that combines functionality with style. The new collection is inspired by Columbia PFG, the brand’s longstanding line of performance fishing gear. According ...
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Article
Sporting goods industry supports earthquake relief measures in Turkey and Syria
9,210 apparel, footwear and textile manufacturers were located around the epicenter of the 7.8 and 7.7-magnitude earthquakes, which caused widespread damage across Turkey and northern Syria when they hit during the night of Feb. 6, 2023, according to the Business & Human Rights Resource Centre. Many retailers have already committed ...
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Article
Columbia Sportswear sees Q3 sales jump 19% as margins squeezed, inventories pile up
Columbia Sportswear posted record revenues of $955.0 million in the third quarter, up by a reported 19 percent on the year earlier and 22 percent higher at constant currency rates, as its top line benefited from the more favorable timing of Fall ’22 shipments compared to the year earlier. The ...
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Article
Columbia Sportswear releases 2021 ESG report
Just after publishing its FY22 sales and profit outlooks, Columbia Sportswear has released its 2021 environmental, social and governance (ESG) report, highlighting the progress made throughout 2021 in the three pillars of the company’s CSR strategy: empowering people, sustaining places, and responsible practices, with a focus on Columbia’s four primary ...
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Article
Columbia will lean on key markets for tempered FY22 sales growth
Simultaneously reporting results for its seasonally lowest volume quarter, Columbia Sportswear reduced its full-year sales and profit outlooks. The company is concerned about the current state of the consumer and potential retail order cancellations later this year. It cited deteriorating market conditions and the economic climate, particularly in the U.S., ...
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News briefs
Madhappy partners with Columbia for capsule centered around mental health
Source: Madhappy MH x Columbia Madhappy, a Los Angeles-based lifestyle brand “on a mission to make the world a more optimistic place,” unveiled its Summer 22 Outdoors collection in collaboration with Columbia Sportswear on July 19. The collection, first launched in 2021, is meant to “bring awareness ...
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News briefs
NRDC’s PFAS petition signatures delivered to Columbia Sportswear
The Natural Resources Defense Council (NRDC) and the U.S. Public Interest Research Group (PIRG) Education Fund are continuing their campaign against Columbia Sportswear, calling for the phase-out of toxic PFAS from the company’s supply chain. As part of the campaign, the activist groups delivered 48,000 petition signatures to Columbia CEO ...
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News briefs
Columbia brings in new SVP to address supply chain issues
Source: Columbia Sportswear Co Francois Guillon To counter the ongoing problem of supply chains disrupted by various global crises, Columbia Sportswear Company has named Francois Guillon senior vice president, omni planning and fulfillment. Guillon will report to chief supply chain officer Lisa Kulok. He brings leadership experience ...
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News briefs
NRDC rolls out eliminate PFAS campaign targeting Columbia Sportswear
The U.S.-based activist group Natural Resources Defense Council (NRDC), together with the U.S. PIRG Education Fund, have launched a new campaign urging Columbia Sportswear to eliminate per- and polyfluoroalkyl substances (PFAS) chemicals from their products and supply chain by 2024. The campaign will engage everyday consumers through a petition drive ...
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Article
Columbia Sportswear posts double-digit sales gains in EMEA, U.S.
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 briefs
Progressive retailer Kith presents first Columbia collab collection
Kith and Columbia Sportswear have launched their first collaborative apparel collection, ”Kith for Columbia” 2022. The 45-piece collection of apparel and accessories is inspired by the outdoor lifestyle and “interpreted through the Kith lens”, as the New York-based retailer says. The new drop comes in the line of other collaborations ...
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News briefs
Columbia introduces new cushioning technology for outdoor shoes
With its new Escape Thrive footwear line with eye-catching Techlite Plush soles, U.S. brand Columbia Sportswear sets a new focus on visibly high-cushioning soles for outdoor shoes. The new sole technology with cushioning and rebounding properties aims to maximize the walking comfort of lightweight hiking shoes – offered in low-cut ...
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Article
Columbia exceeds forecast, driven by DTC
Despite persistent supply chain disruptions that negatively impacted its wholesale revenues, Columbia Sportswear reported impressive fourth-quarter results on the strength of its Direct-To-Consumer and e-commerce businesses and an improvement of 1.6 percentage points in the gross margin to 52.2 percent, as higher freight costs were more than offset by a ...
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News briefs
Columbia appoints new VP U.S. sales
Source: Columbia Jim Beeman Columbia Sportswear Company has named Jim Beeman vice president, U.S. sales for the Columbia brand. In this role, Beeman will report to Tim Sheerin, senior vice president, global wholesale for the Columbia brand. Beeman spent more than 22 years at Nike, most recently ...
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News briefs
Prana’s Responsible Packaging Movement well on track for success
PrAna, owned by Columbia Sportswear, reports that its Responsible Packaging Movement (RPM) has reached a significant milestone with the addition of more than 100 brands. The addition of partners such as Sephora, Sorel, Outdoor Research, Trek, Hoka and Burton demonstrates that the program is having an impact beyond the apparel ...
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Article
Columbia lowers FY sales outlook, raises earnings forecast as Q3 sales miss
Columbia Sportswear has lowered its sales outlook for the year but raised earnings forecasts, despite weaker than expected third-quarter revenue due to supply-chain issues. Sales for the quarter rose to $804.7 million from $701.1 million a year earlier and against forecasts of $862 million. Net income beat expectations at $100.6 ...
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News briefs
Columbia Sportswear appoints VP Investor Relations
Portland, Oregon-based Columbia Sportswear Company, which owns the Columbia, Mountain Hardwear, Sorel and prAna brands, has promoted Andrew Burns to vice president of strategic planning and investor relations. Burns has been with Columbia for more than three years leading the investor relations program. Prior to that, he spent more than ...
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