×
533
Fashion Jobs
RALPH LAUREN
Assistant General Manager
Permanent · Portsmouth
TOMASZ DONOCIK
Digital Marketing & Sales Coordinator
Permanent · LONDON
LEVI'S
Global Security & Resilience Manager Europe
Permanent · London
PUMA
Digital Marketing Executive Uki
Permanent · Manchester
PUMA
Supply/Planning & Purchasing Controller
Permanent · London
PUMA
Sales Support Coordinator With Golf Experience
Permanent · Castleford
PUMA
Strategic Key Account Manager jd Group
Permanent · Manchester
LEVI'S
Digital Key Account Manager - Footwear & Accessories
Permanent · London
LEVI'S
Licensing Operations Manager
Permanent · London
FOREO
Head of Marketing
Permanent · London
SHISEIDO
Senior Marketing Manager - Shiseido
Permanent · London
SHISEIDO
Bareminerals Account Manager - Moores, Colearine
Permanent · Coleraine
SHISEIDO
Accounts Payable Manager
Permanent · LONDON
GUCCI LIMITED
Gucci Client Advisor (Part-Time)
Permanent · BIRMINGHAM
LEVI'S
Levis Cambridge Tailor 8 - 25 Hours
Permanent · Cambridge
LEVI'S
Levis Cambridge Sales (Weekends & Weekdays)
Permanent · Cambridge
LEVI'S
Key Holder - 16 Hour Contract
Permanent · Stretford
OTIS JAXON
a Pourvoir Immédiatement - Stage e - Commerce Bijoux
Internship · LONDON
OTIS JAXON
Jewellery Admin Internship – Ecommerce Jewellery Company - London
Internship · LONDON
OTIS JAXON
Social Media And Content Creation Internship
Internship · LONDON
MARIA TASH LIMITED
Business Development Coordinator
Fixed-term · LONDON
SPOT ON MINDS LTD
HR Recruiter Internship
Internship · LONDON
Published
Feb 8, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Columbia Sportswear breaks full-year record

Published
Feb 8, 2019

Columbia Sportswear Company continued to report record-breaking sales on Thursday, announcing particularly strong sales increases in both its wholesale and DTC distribution channels. 

Columbia Sportswear breaks full year record. - Facebook: Columbia Sportswear

 
For the full year 2018, net sales increased 14 percent (13 percent at constant-currency) to a record $2,802.3 million, compared to $2,466.1 million seen last year. 
 
Net income increased 155 percent to $268.3 million, or $3.81 per diluted share, compared to $105.1 million, or $1.49 per diluted share, in the prior year.

In the fourth quarter, net sales equally reached a new record, jumping 18 percent (19 percent at constant-currency), to a record $917.6 million.
 
By brand, Columbia brand net sales increased 21 percent (22 percent at constant-currency) to $727.8 million, as did PrAna brand where net sales reached $36.7 million.
 
Meanwhile, Sorel brand net sales increased 11 percent (12 percent constant-currency) to $126.9 million, while Mountain Hardwear brand net sales decreased 8 percent (7 percent decrease constant-currency) to $26.1 million.
 
Net sales in the U.S., by far Columbia’s biggest market, increased 20 percent. The company’s Latin America Asia Pacific ("LAAP") net sales also posted a strong performance, increasing 16 percent (18 percent at constant-currency) driven by the new revenue accounting standard, as well as growth across Korea, Japan and China. 
 
The company’s Europe, the Middle East and Africa (EMEA) region was also up 12 percent in net sales, as were Canada’s net sales increasing 21 percent (26 percent at constant-currency). 
 
“We have kicked off 2019 with a continued focus on connecting active people with their passions. Our business momentum is broad-based across our brand portfolio and geographic regions including growth in both wholesale and DTC distribution channels. We continue to project profitable growth for 2019, even though record 2018 financial performance creates challenging comparisons and we face increasing global economic uncertainty and unresolved trade issues,” said President and CEO, Tim Boyle. 
 
Looking ahead, the company currently expects full year 2019 net sales of approximately $2.97 to $3.03 billion, representing 6 to 8 percent net sales growth, compared with full year 2018 net sales of $2.80 billion.

Copyright © 2021 FashionNetwork.com All rights reserved.