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Columbia Sportswear Net Sales Fall 40% in Q2, Marking ‘Steepest’ Decline of the Year

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Columbia Sportswear’s second-quarter net sales decreased 40 percent to $316.6 million on net losses of $50.7 million. In the U.S., net sales fell 42 percent with the steepest decline in April, though things improvement slightly in May and June as stores reopened. Across markets, e-commerce sales increased 72 percent year-over-year, partially offsetting the declines in…

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