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

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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