All Mountain Hardwear articles
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ArticleColumbia sees ‘challenging’ year, sets profit and growth plan
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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ArticleDIY repairs: 12 brands making repairs easy
Our listicle highlights the outdoor and sporting brands and retailers who are already helping consumers repair their own outdoor gear at home.
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ArticleColumbia lowers FY23 outlook, braces for challenging Spring ’24
Columbia Sportswear, despite making strides in its ongoing inventory reduction program and improving its quarterly gross margin by 70 basis points to 48.7 percent, reported a 7 percent decline in Q3 net income to $103.5 million from $111.8 million for the period ended Sep. 30. Period operating income was also ...
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ArticleColumbia Sportswear releases 2022 Impact Report
Columbia Sportswear Company has released its Impact Report 2022, which highlights the company’s performance and progress across the three pillars of its corporate responsibility strategy: Empowering People, Sustaining Places and Responsible Practices. In the report, the company says that 2022 was another challenging year, with operations around the world affected ...
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ArticleColumbia 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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ArticleSporting 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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ArticleColumbia 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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ArticleColumbia 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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ArticleColumbia 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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ArticleColumbia 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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ArticleMountain Hardwear expands its leadership team
Mountain Hardwear, a wholly-owned subsidiary of Columbia Sportswear Company, has announced three internal promotions, including a new vice president of product line management and merchandising, and two new hires. In 2021, Mountain Hardwear experienced tremendous growth over the past year, including a 33 percent increase in net sales and a ...
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ArticleColumbia 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 briefsMountain Hardwear promotes Sablle Scheppmann to director of sales
Mountain Hardwear, a wholly owned subsidiary of Columbia Sportswear Company, has promoted Sablle Scheppmann, who has served as the brand’s national sales manager for the past three and a half years, to its new director of sales. Scheppman helped the company focus on the brand’s specialty business and structure its ...
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News briefsDimension-Polyant switches to more sustainable fabrics
German fabric manufacturer Dimension-Polyant complements its VX series of pack laminates with the new RX line. The new offerings are climate-neutrally produced from cradle to gate with a varying share of recycled polyester fibers. To label its sustainable range of fabrics, the company has created the new “cleenTec” seal that ...
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News briefsNew presidents for prAna and Mountain Hardwear
Columbia Sportswear has announced the promotion of Troy Sicotte to president of Richmond, California-based brand Mountain Hardwear and the appointment of Monica Mirro as president of prAna in Carlsbad, California. Both report to Craig Zanon, who was named senior vice president of emerging brands for the group earlier this year. ...
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ArticleColumbia lifts guidance after strong Q2, but CEO attacks freight “monopoly”
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 ...
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News briefsMountain Hardwear unveils new Hoverbelt for backpacks
Mountain Hardwear has launched the PCT , a dedicated backpack for multi-day hiking that features what the manufacturer says is a revolutionary design to the industry-standard pivoting belt. According to Mountain Hardwear, the new Hoverbelt is a dynamic hip belt that synchronizes with the hiker’s natural movement for ...
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ArticleColumbia raises guidance after a good Q1
Columbia Sportswear Company performed better than expected in the first quarter, despite port congestion problems in North America. The group’s net income reached $55.9 million, jumping from $213,000 in the year-ago quarter when the pandemic first hit the company. Revenues gained 10 percent to $625.6 million, including a ...
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News briefsFormer Nike executive to lead Sorel, Mountain Hardwear and prAna at Columbia Sportswear
Source: Columbia Sportswear Company Craig Zanon Columbia Sportswear Company announced that Doug Morse , senior vice president, Emerging Brands, will step down this summer. Craig Zanon will take over the position, making him responsible for the Sorel, Mountain Hardwear and ...
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ArticleColumbia bounces back in Q4
Columbia Sportswear Company performed better than expected in the fourth quarter and predicted that results would return to its 2019 level next year. The group’s net income was down by 16 percent from the year-ago quarter to $95.8 million, a strong improvement from the third quarter. The bottom line ...
