Record figures for Columbia Sportswear in 2021
Sports and outdoor group Columbia Sportswear has reported full-year revenues of $3.1 billion for 2021. This represents an increase of 25% compared to the figure for 2020.
Chief executive, Tim Boyle, said the company’s results for 2021 were exceptional, with record revenues of more than $1.1 billion in the last quarter, and record operating income for the full year of $450.5 million.
Mr Boyle said this reflected the strength of the group’s brands: Columbia, Sorel, Prana and Mountain Hardwear.
Columbia said it was confident of achieving further growth in 2022, with sales revenues rising by between 16% and 18%, reaching between $3.6 billion and $3.7 billion.