Growth for Columbia Sportswear
Sports and outdoor footwear, apparel and equipment group Columbia Sportswear has registered revenues of just over $2.4 billion in the first nine months of this year. This represents an increase of 5.8% compared to the same period last year.
Apparel, accessories and equipment accounted for more than $1.8 billion of the total, an increase of 6%, and footwear for $574 million, an increase of 9%.
The group’s main brand, Columbia, contributed more than $2 billion towards the total, a rise of 9%. Sorel’s share of the total was $220 million, up by 8%.
Sales at two other brands, prAna and Mountain Hardwear, were down by 18% and 4% respectively, to reach $90.8 million and $72.2 million.
Chief executive, Tim Boyle, said: “As we finish the year and look forward to 2024, economic and geopolitical uncertainty is high. We know there will be challenges, particularly in the first half of next year. In this environment, we are focused on what we can control, delivering exceptional value and innovation to consumers, while diligently managing expenses.”
