Columbia Sportswear profit declines

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Friday, October 26, 2012

Columbia Sportswear's third-quarter profits declined 4.5%, and the threat of clear and balmy winter skies could mean more declines.

…Last year's mild winter continues to bedevil Columbia. Executives said earlier this year that retailers had cut back on their usual cold-weather footwear and apparel orders in part because they were reacting cautiously to a possible repeat this winter.

Even if the season arrives in a more typically cold, wet and sloppy manner, Columbia does not figure to benefit in sales, [CEO Tim] Boyle said.

Read more at OregonLive.com.

{biztweet}columbia sportswear{/biztweet}

 

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Guest
0 #1 made in AmericaGuest 2012-10-27 03:09:52
Interesting to read about the weather being so important for Columbia and its wide range of products.
I've just opened a new destination factory outdoor store in Bend, Wiggys Oregon. Everything in the store is made in America and the insulation in the sleeping bags and clothing is new to the general public but old enough with the U.S. military to be called Old Growth dating back to the 1960's..
Which is what I'm confident is the best way to deal with the real Mother Nature.. bring out the very best products ever made and that in America is always those developed for and with our U.S. military. Our troops and warriors stay out the longest and know what works best.
Hope to see folks in Bend no matter what the weather does
Goggle Wiggy's Oregon and you can read a preview internet story from the Source Newsletter in Bend from Oct 15th.
Doug Hoschek (owner)
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