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Business

Tim Sheerin appointed SVP of U.S. Sales for Columbia Brand

Columbia Sportswear Company has appointed Tim Sheerin as Senior Vice President of U.S. Sales for the Columbia brand. In his new role, the company said, Sheerin will report to Franco Fogliato, Executive Vice President, Global Omni-Channel. “Tim brings a wealth of experience in commercial leadership,” said Franco Fogliato in a statement, adding, “...

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BusinessFeatured

FY19 sales rise 9 percent, profit by 23 percent at Columbia Sportswear

Columbia Sportswear Company announced through a statement that fourth quarter net sales increased 4 percent to 954.9 million dollars against the comparable period in 2018. Gross margin declined 160 basis points to 50.1 percent of net sales from 51.7 percent of net sales for the comparable period in 2018. Net income increased 1 percent to 114...

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