North America drags down Columbia sales - sportstextiles: Lea SportsTextiles

News

North America drags down Columbia sales

31/10/2016
US sportswear brand Columbia reported sales of $745.7 million in the third quarter of 2016, a 3% on the same period last year, principally due to a decline in wholesale orders in North America.

The company saw a 6% decrease in net sales in the US to $484.8 million, driven by a low double-digit decline in wholesale orders. This was partially offset by a mid-teen increase in direct-to-consumer sales. Net sales in Canada fell 3% to $75.2 million.

Sales in the Europe, Middle East and Africa (EMEA) region increased 8% to $73 million and there was a 3% growth of sales to the Latin America, Asia Pacific (LAAP) region. Revenue of $112.7 million from this region came after strong growth in Japan and China, and despite a decline in sales in South Korea.


Related stories:

Columbia releases Star Wars collection 07/12/2016
Columbia names ‘Directors of Toughness’ 01/12/2016
Columbia seeks ‘Directors of Toughness’ 07/09/2016
Renewed focus on UK for Columbia 02/09/2016
North America drives up sales at Columbia 29/07/2016
Columbia presents eco-friendly jacket 21/06/2016
Columbia names Mountain Hardwear president 24/02/2016
Columbia Sportswear unveils new Manchester United collection 25/01/2016

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.