Excitement remains at Columbia, despite steep fall - footwearbiz: Lead

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Excitement remains at Columbia, despite steep fall in footwear revenues

04/11/2024
Excitement remains at Columbia, despite steep fall in footwear revenues

Outdoor and sports apparel, footwear and equipment group Columbia Sportswear has reported revenues of just under $2.3 billion for the first nine months of 2024, a fall of 6% year on year.

It brought in $1.8 billion of this revenue from sales of apparel, accessories and equipment, and gave a figure of $453.6 million for footwear sales over the nine-month period. These figures represent a fall of 2% for apparel, but a decline of 21% for footwear.

Commenting on the figures, chief executive, Tim Boyle, said warm weather had affected early-season sales of colder-weather products, but he added that there was excitement around “differentiated innovations we are offering consumers”.

Image: Columbia Sportswear.


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