×
100 352
Fashion Jobs
BLOOMINGDALE'S
Registry Consultant, Bergen County - Full Time
Permanent · Hackensack
BLOOMINGDALE'S
Asset Protection Detective, Full Time: Short Hills
Permanent · Millburn
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Beavercreek
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Meridian charter Township
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Henderson
L'OREAL GROUP
Account Executive - Skinceuticals (North Alabama)
Permanent · Birmingham
L'OREAL GROUP
Manager/Associate Principle Engineer-Packaging
Permanent · Clark
L'OREAL GROUP
Manager Data Quality
Permanent · Clark
L'OREAL GROUP
Finance Analyst (Retail Store Operations)
Permanent · Saint Petersburg
L'OREAL GROUP
Manager, PR & Influencer - Essie Global Marketing
Permanent · New York
SALLY BEAUTY CORPORATE
District Manager
Permanent · Syracuse
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Elizabethtown
KOHLS
Full-Time Loss Prevention Officer
Permanent · Cerritos
KOHLS
Full-Time Loss Prevention Officer
Permanent · Cherry Hill
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Highland
MACY'S
Asset Protection Detective, Mall at Prince Georges - Full Time
Permanent · Hyattsville
MACY'S
Manager, Recruitment Operations
Permanent · Tampa
L BRANDS
Lead Asset Protection Officer - Broad st , 2nd Shift (3pm-11pm)
Permanent · Reynoldsburg
H&M
Digital Product Owner
Permanent · Secaucus
BLOOMINGDALE'S
Registry Consultant, Roosevelt Field - Part Time
Permanent · Garden City
BLOOMINGDALE'S
Registry Consultant, North Michigan - Full Time
Permanent · Chicago
BLOOMINGDALE'S
Trade Area Asset Protection Manager, Northern California
Permanent · San Jose
Published
Feb 28, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Columbia reports disrupted sales and supply chain operations due to coronavirus

Published
Feb 28, 2020

Sportswear and outdoor company Columbia Sportswear has announced further disruption to its supply chain and distribution from the coronavirus, in addition to the closures of many of its Chinese stores.


Instagram @columbia1938


Columbia said in a statement that it expects its full year 2020 financial results to be "significantly affected" by the impact of the coronavirus.

Currently, approximately half of Columbia's owned and partner stores in China remain temporarily closed, and its stores that are open in the country have experienced "a material decline in traffic and corresponding sales," the company added.

Meanwhile, the outbreak has also impacted the company's supply chain. Columbia's contract manufacturers source a large portion of raw materials from the China, the company said, and temporary factory closures as well as the slowed return of workers have impacted its contract manufacturers’ ability to source certain raw materials and produce and fulfill finished products on time. 

Combined with further disruption to the company's distribution and logistics providers, Columbia said it expects its supply chain issues to affect its ability to fulfill orders and meet consumer demand in a timely manner, and that potential order fulfillment delays would impact future seasons.

According to Columbia, China represented approximately 5% of its total net sales in 2019, and its Asia-direct business--which includes Japan, China and Korea--represented approximately 15 percent of total net sales. In addition to harming Columbia's China business, the company said the virus has also impacted business in Japan and Korea. 

"Until normality returns, we expect a continued unfavorable impact on sales in our Asia-direct business," the company said. 

Tim Boyle, the company's chairman, president and chief executive officer, emphasized that, to date, there have been no reported incidents of employees contracting the virus, and that many employees have been working from home to maintain business operations. 

Copyright © 2021 FashionNetwork.com All rights reserved.