Columbia continues to confound and amaze with their stellar performance reports -- this despite a sluggish economy and a relative glut at the apparel level. The company's 4Q report announced record sales of $214.3 million, an increase of 32.4 percent 4Q for 2000. Domestic sales rose 31.5 percent to $152.7 million. Canadian sales increased a whopping 60.7 percent to $24.1 million. European sales climbed 22.8 percent to $19.9 million and other international sales grew 21.8 percent to $37.5 million. Columbia reported that their outerwear business increased by 33.5 percent and, thanks to the Sorel acquisition, insulated footwear sales increased 54.2 percent. For the entire fiscal year of 2001, Columbia's sales registered $779.6 million, up 26.8 percent from 2000.
Did you hear?... Oakley reports record net sales
Despite a miserable second half of 2001, resulting in 4Q net income plunging to $3.3 million from $9.7 million the year before, Oakley still managed to report record net sales of $429.3 million for the year, up 18.1 percent from 2000. The 4Q disaster as a result of the ...read more