All Prana 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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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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News briefsColumbia 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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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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News briefsprAna appoints Brianna Showell as vice president of marketing
prAna, the outdoor apparel brand owned by Columbia Sportswear, has named Brianna Showell as its new vice president of marketing. Showell brings two decades of extensive experience in the apparel industry. She previously spent more than 17 years at Nike in product development, merchandising and global brand strategy. Most recently, ...
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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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News briefsArc’teryx market manager EMEA Reiner Kopf leaves the bird
Reiner Kopf, market manager Central EMEA at Arc’teryx, will leave the company by the end of March 2022 and plans a longer sabbatical. Kopf has 24 years of experience with the Canadian brand: After taking over the German distribution of Arc’teryx with his Munich-based sales agency Agentur Reiner Kopf in ...
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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 briefsPrana’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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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 briefsPrana to officially reach plastic-free packaging goal this fall
Carlsbad-based company Prana , owned by Columbia Sportswear , announced that it will be 100 percent plastic-free in its packaging solutions. The brand had launched the Responsible Packaging Movement (RPM) a year ago, a program developed to support an industry-wide change to sustainable packaging options. For many years, ...
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News briefsprAna calls for people to give up eco-unfriendly habits
As part of a three-week campaign, U.S. brand prAna wants to inspire people to rethink their daily lives and identify an environmentally harmful habit they can give up. They are then asked to post their personal pledge with a photo or video on Twitter, Instagram or Facebook using #NotGoingTo and ...
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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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News briefsPrana’s waste reduction movement gains momentum
Prana , a Columbia Sportswear brand, reports great success for its Responsible Packaging Movement program, “ RPM ,” which launched last August . The program, designed to inspire and create industry-wide change, has welcomed nearly 60 brand partners across the industry in its first six months, including camping gear ...
