180
Fashion Jobs
ESTÉE LAUDER COMPANIES
HR Retail Business Partner (Maternity Cover)
Permanent · BOTKYRKA
&OTHERSTORIES
Business Controller
Permanent · STOCKHOLM
&OTHERSTORIES
Brand & Marketing Lead
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Finance & Compliance (All Genders)
Permanent · STOCKHOLM
KERING EYEWEAR
Kering Eyewear Area Sales Manager Sweden
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Zeos Returns & Shipping Solutions (All Genders)
Permanent · STOCKHOLM
L'OREAL GROUP
Pharmacy Representative - Dermatological Beauty Division - Stockholm Region
Permanent · STOCKHOLM
NEW YORKER
Project Manager Scandinavia Till New Yorker
Permanent · MALMÖ
NEW YORKER
Project Manager Scandinavia Till New Yorker
Permanent · MALMÖ
ESSILORLUXOTTICA GROUP
Key Account Manager - Stockholm, Sweden
Permanent · STOCKHOLM
RALPH LAUREN
Sales Professional
Permanent · SOLNA
RALPH LAUREN
Sales Professional
Permanent · SOLNA
ESTÉE LAUDER COMPANIES
HR Retail Business Partner (Maternity Cover)
Permanent · BOTKYRKA
JACK & JONES
Sales Manager Till Jack & Jones Barkarby Outlet
Permanent · JÄRFÄLLA
RALPH LAUREN
Sales Professional PT
Permanent · SOLNA
ESSILORLUXOTTICA GROUP
Finance Controller
Permanent · STOCKHOLM
SHIMANO
Brand Coordinator
Permanent · UPPSALA
NAKD
Head of Commercial Business Control
Permanent · GOTHENBURG
ZALANDO
Principal Product Manager - Data And Platform (All Genders)
Permanent · STOCKHOLM
NEW YORKER
Assistant Store Manager Till New Yorker i Uddevalla
Permanent · UDDEVALLA
CHANEL
Beauty Boutique Associate, Part Time, Parentalleave
Permanent · SOLNA
CHANEL
Fashion Boutique Associate i Chanel Fashion Boutique, Stockholm
Permanent · STOCKHOLM
By
Reuters
Published
Jul 28, 2009
Reading time
2 minutes
Download
Download the article
Print
Text size

Columbia Sportswear posts deeper loss

By
Reuters
Published
Jul 28, 2009

SAN FRANCISCO, July 28 (Reuters) - Columbia Sportswear Co (COLM.O) on Tuesday 28 July reported a deeper quarterly net loss that was nevertheless better than its own expectations as cost cuts helped to partially offset significantly lower sales at the outerwear maker.


Columbia Sportswear - 'We believe in the greater outdoors' - Photo: www.columbia.com

The company behind the Columbia Sportswear, Montrail and Pacific Trail brands said the net loss in its second quarter was $9.9 million, or a loss of 29 cents per share, from a year-earlier net loss of $1.8 million, or a loss of 5 cents per share.

Revenue fell 16 percent to $179.2 million, the company said.

Columbia, a major supplier to department stores and other big retail chains, has been hurt by those stores' lower inventories as shoppers cut back on apparel purchases.

Columbia said it still expects full-year net sales to decline in the low double digits on a percentage basis, with operating income falling some 300 to 350 basis points.

For the third quarter, Columbia said net sales would fall in the low double-digits on a percentage basis.

It said operating income would likely decline between 650 to 700 basis points, largely due to unfavorable hedge rates in Canada and lower wholesale gross margins from reduced volume in the United States.

Chief Executive Tim Boyle said in a statement the results were "slightly better" than the company expected, due to a lower-than-anticipated drop in sales and ongoing cost-control measures.

Columbia shares closed at $35.66 on Tuesday 28 July on the Nasdaq. (Reporting by Alexandria Sage, editing by Matthew Lewis)

© Thomson Reuters 2024 All rights reserved.