Columbia Sportswear Company, a specialist in active outdoor lifestyle apparel and footwear, has exceeded its expectations with 79% sales growth to $566.4m in Q2 of FY21 compared to same period of 2020.
Following store closures, furloughs and cost management, retailers such as Nordstrom, Sally Beauty and Shoe Carnival, are renegotiating their credit facilities to ensure continued liquidity during the Covid-19 crisis.
A household name in the outdoor industry, Gert Boyle has passed away at the age of 95. Still active on Columbia's board, she also represented the brand in marketing campaigns. Her son is CEO of the group.
The American active and footwear company announced solid revenue and earnings gains for the third quarter on Wednesday, as its Sorel brand saw accelerated growth thanks to strong demand for its fall fashion styles.