Columbia Sportswear 1998 Annual Report Download

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P.O. Box 83239 • Portland, Oregon 97283-0239
(503) 286-3676 • 1-800-547-8066 • FAX: (503) 289-6602 • WEB: www.columbia.com
© 1999 Columbia Sportswear Company • CO-S99-002 • Printed in U.S.A.
Printed on recycled paper using soy-based inks.
1998 ANNUAL REPORT
AUTHENTIC AMERICAN ACTIVE OUTDOOR

Table of contents

  • Page 1
    1998 ANNUAL REPORT AUTHENTIC AM ERICAN ACTIVE OUTDOOR P.O. Box 83239 • Portland, Oregon 97283-0239 (503) 286-3676 • 1-800-547-8066 • FAX: (503) 289-6602 • WEB: www.columbia.com © 1999 Columbia Sportswear Company • CO-S99-002 • Printed in U.S.A. Printed on recycled paper using soy-...

  • Page 2
    ...o mbi$15 $40 natio n o f management experienc e, market po tential, and strategic planning to c o ntinue gro wing the business going forward. I thank 29 22 $20 12 $10 our c ustomers, shareholders, and employees for their c ontinued support, and I look forward to reporting the pro gress o n o ur...

  • Page 3
    ... Columbia Sportswear's Interchange System â„¢ , flew off the shelves. Gert started modeling for magazine advertisements. The company in the branched out into foreign countries. Profits soared. Today, Columbia Sportswear is one of the world's largest outerwear manufacturers and the leading seller...

  • Page 4
    ... more casually, Columbia Hat Company had already become Columbia Sportswear Company and was offering not just hats, but gloves, jackets, fishing vests, and more. Over the years, our niche in the apparel industry broadened, as we c reated innovative, high-quality ac tive outdoor apparel and footwear...

  • Page 5
    ... in 1993 to 7.5 percent in 1998. SPORTSWEAR Columbia's year-round sportswear collection defines authentic outdoors, combining active apparel with fashion appeal for men, women and children. The expansive line includes shirts, shorts, pants, vests, tees, and fleece and pile garments. The collection...

  • Page 6
    ... world. Our corporate policy dictates that we tired of lugging around unconventional heavy vests and packs. This design incorporates a neoprene suspension system into hunting and fishing garments, alleviating stress and making the load feel lighter. The sole mission of Columbia Sportswear designers...

  • Page 7
    ... a compounded annual growth rate of 17.3 percent over the last 5 years. While our growth has been exciting, our objective is to become the leading outdoor apparel brand. Our strategy to become the global leader in the design, manufacture, marketing and distribution of active outdoor apparel is...

  • Page 8
    ... around the world, with our corporate headquarters and international distribution center located in Portland, Oregon. Sales and Distribution We distribute pro duc ts thro ugh appro xim ately 10,000 retailers in North America, South America, Europe, Asia, Australia and New Zealand, and we work with...

  • Page 9
    ... Income taxes payable Current portion of long-term debt Distribution payable Total current Liabilities Long-term debt Deferred tax liability Total liabilities Commitments and contingencies Shareholders' Equity: Preferred stock; 10,000 shares authorized; none issued and outstanding Common stock; 50...

  • Page 10
    ...'s letter to shareholders, which refers to the implementation of the newest phase of the Company's North American distribution center, growth initiatives in the European business, growth prospects for the Company's sportswear and footwear divisions and growth opportunities for the Company generally...