North America drives up sales at Columbia
29/07/2016
“Our successful first half results were highlighted by solid growth from three of our four major brands and improved gross margins in a challenging global environment,” said Columbia Sportswear CEO Tim Boyle.
Sales in the US rose 8% to $228.8 million, supported by strong growth in direct-to-consumer sales. Canada saw a 27% increase in sales to $13.6 million. Sales in the EMEA (Europe, Middle East and Africa) region were down 2% to $59.1 million and there was an 11% drop in sales to the Latin America, Asia Pacific region. Total sales for the region were $87.3 million with big losses in South Korea and Japan being partially offset by better performance in China.
Image courtesy of brand.
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