Columbia Sportswear

History

Columbia Sportswear began as a family-owned hat distributor. Former chairwoman Gert Boyle's parents, Paul and Marie Lamfrom, fled Nazi Germany in 1937 and immediately purchased a Portland hat distributorship. The company became the Columbia Hat Company, named for the nearby Columbia River. In 1948, Gert married Neal Boyle, who became the head of the company. Frustrations over suppliers influenced the family to start manufacturing their own products, and Columbia Hat Company became Columbia Sportswear Company in 1960.

In 1970, Neal Boyle died following a heart attack. Gert and son Tim Boyle, then a University of Oregon senior, took over the operations of Columbia, rescuing it from bankruptcy. Gert Boyle served as company president from 1970 until 1988 and additionally became chairman of its board of directors in 1983. She remained chairman until her death in 2019. Tim Boyle succeeded his mother as Columbia's president and CEO in 1988 and continues to hold the position in 2024.

Columbia became a publicly traded company in 1998.{{cite news | access-date = 2009-11-28 | access-date = 2009-11-28 | access-date = 2009-11-28

In 2001, the company moved its headquarters from Portland to a site in an unincorporated part of Washington County, in the Cedar Mill area and just outside the Beaverton city limits. The site on NW Science Park Drive has a Portland mailing address, but is not in Portland. In 2007, City of Portland officials attempted to convince Columbia Sportswear to move back to Portland, but the company ultimately rejected the idea due to the increased corporate tax burden such a move would entail and decided to expand its existing headquarters instead.

In 2001, it was the largest American retailer of ski apparel based on gross revenue.

On June 15, 2008, Columbia Sportswear announced a three-year sponsorship of the cycling team formerly known as Team High Road and before that T-Mobile and Team Telekom. The sponsorship began on July 5, 2008, with the start of the Tour de France. The team's name was "Team Columbia". The sponsorship included both the men's and women's teams, and ended at the end of 2010.{{cite press release |access-date=2008-06-17 |url-status=dead |archive-url=https://web.archive.org/web/20080620054345/http://www.highroadsports.com/news/173-Columbia-Sportswear-Company-and-High-Road-Sports-Announce-New-Team-Columbia-to-Debut-at-2008-Tour-de-France |archive-date=2008-06-20

On August 4, 2010, Columbia Sportswear Company signed an agreement to acquire OutDry Technologies S.r.l., which owns the intellectual property and other assets comprising the OutDry brand and related business, via a cash purchase from Nextec S.r.l., based near Milan, Italy. The transaction was expected to close during the third quarter of 2010, subject to customary closing conditions, and is not expected to have a material effect on the company's 2010 operating results.{{cite press release | access-date = 2010-08-10

In March 2015, Bryan Timm was named president of the company, taking over that position from Tim Boyle, who remained CEO. In May 2017 it was announced Timm would step down and the duties of president would revert to Tim Boyle.

On November 3, 2019, chairwoman Gert Boyle died at the age of 95. In January 2020, Tim Boyle was named Chairman of the company's board of directors.

In October 2020, the company announced that alpaca wool would no longer be a part of their collections, including their other brands Prana, Mountain Hardwear and Sorel.

In November 2023, Columbia Sportswear Company announced that Cory Long was appointed as President of its brand Sorel.

In February 2024, the Odysseus lunar lander used the Omni-Heat thermal reflective insulation technology produced by Columbia Sportswear. In March 2025, an additional spaceship, the Athena lunar lander, was protected by Columbia's Omni-Heat thermal technology.

In November 2025, Columbia Sportswear launched a new brand platform and advertising campaign emphasizing its focus on designing apparel for real outdoor conditions, using an unconventional and ironic tone to differentiate itself within the outdoor apparel market.

Locations

Columbia Sportswear distributes its products in more than 72 countries and 13,000 retailers. Columbia also operates its own chain of retail stores, including its flagship store located in downtown Portland, Oregon.

Financial information

As of March 30, 2025, the company's market capitalization is about $4.17 billion, with 2021 net revenue of $3.13 billion.

As of 2018, 40% of Columbia's business came from abroad.

In October 2023, Columbia Sportswear reported 3% of revenue growth as sales reached $985.7 million.

Stock exchanges

Columbia Sportswear Company is publicly traded on NASDAQ with ticker symbol COLM.

Trade and tariffs

The clothing business in the US is still largely subject to what remains of the Smoot–Hawley Tariff Act, passed in 1930. Since 2001, Columbia has paired its designers with teams of trade experts in a process the company calls "tariff engineering" in order to reach lower tariffs, taxes, or duties. For example, Columbia applies a very thin layer of fabric to the soles of its shoes since tariffs on fabric soles are lower than those on rubber soles; the fabric wears away within days. For similar reasons, jackets are waterproofed and filled with at least 10% down.

Vietnam is Columbia's largest supplier, and 25% of the company's footwear originates in China.

Columbia has operated in China since 2014 as Columbia Sportswear Commercial (Shanghai) Company as a joint venture with Swire Pacific Limited, reaching a total of 86 Chinese retail stores by 2017. In 2018, Columbia announced it would buy out Swire's remaining 40% stake by 2019.

References

References

1. "COLUMBIA SPORTSWEAR COMPANY | 2022 FORM 10-K".
2. (November 5, 2019). "Tim Boyle to Serve as Acting Chairman of Columbia Sportswear Company's Board of Directors Following the Passing of Gert Boyle; Details Regarding Share Ownership". Columbia Sportswear.
3. "Columbia Sportswear Company Profile". Craft.
4. "Columbia Milestones". Columbia Sportswear.
5. Smith, Harrison. (2019-11-10). "Gert Boyle, Columbia Sportswear chief known as 'One Tough Mother,' dies at 95". Washington Post.
6. "Timothy Boyle". Forbes.
7. Accettola, Anna. (October 16, 2012). "Gertrude Boyle". German Historical Institute.
8. (November 3, 2019). "Columbia Sportswear Company Announces the Passing of Gert Boyle". Columbia Sportswear.
9. (2019). "Management Team". Columbia Sportswear.
10. (2024-07-16). "How Portland-based Columbia Sportswear survived near-bankruptcy".
11. Clucas, David. (2014-04-30). "Columbia Sportswear Signs Deal to Acquire Prana for $190 Million".
12. Harvey, Katherine P.. (2014-04-29). "prAna acquired by Columbia for $190M".
13. Dworkin, Andy. (August 30, 2007). "Columbia Sportswear staying put". [[The Oregonian]].
14. (March 3, 2007). "Columbia's 'tough mother' squashes return rumor". [[Portland Business Journal]].
15. Senior, Jeanie. (November 9, 2001). "Seamless warehouse is a marvel". [[Portland Tribune]].
16. (2008-06-17). "Columbia To Title Sponsor Cycling Team In Tour De France".
17. Brettman, Allan. (April 10, 2015). "Columbia charts its next billion dollars". The Oregonian.
18. (17 May 2017). "Columbia Sportswear Company's COO Bryan Timm steps down".
19. Duin, Steve. (November 3, 2019). "Gert Boyle, longtime Columbia Sportswear chairwoman, dies at 95". The Oregonian.
20. Footwear, World. "Tim Boyle named Chairman of the Board at Columbia Sportswear".
21. Australia, PETA. (2020-10-15). "Columbia Sportswear Company to Ban Alpaca Fleece! - News".
22. Chris Remington, "[https://www.ecotextile.com/2020101326826/materials-production-news/columbia-sportswear-bans-alpaca-wool.html Columbia Sportswear bans alpaca fibre]," ''Ecotextile News'', 13 October 2020.
23. (17 November 2023). "Columbia Sportswear accueille un nouveau président pour Sorel".
24. (23 February 2024). "Columbia Sportswear celebrates historic moon landing". [[KPTV]].
25. (15 February 2024). "Lunar lining: Columbia coat tech insulates Intuitive Machines' newly launched moon lander". [[Space.com]].
26. Jermone, Emma. (2025-03-06). "Columbia Sportswear's tech blasts off again for Athena lunar landing".
27. (2025-03-06). "Columbia tech kept lunar lander cozy for moon landing, though status of lander is unknown".
28. https://www.sportbusiness.club/2025/11/proteger-des-conditions-pas-des-decisions-a-la-con-columbia-mise-sur-le-sarcasme-pour-sortir-du-lot/
29. https://lbbonline.com/news/columbia-sportswear-brand-refresh-adameveddb-engineered-for-whatever
30. Bach, Jonathan. (18 October 2022). "Columbia Sportswear will move Sorel headquarters from downtown".
31. "Columbia Sportswear Co". [[Reuters]].
32. (30 October 2023). "Columbia Sportswear enregistre une croissance de 3% au troisième trimestre".
33. (27 October 2023). "Columbia Sportswear Company Hires Cory Long as President, SOREL Brand".
34. "COLM : Summary for Columbia Sportswear Company - Yahoo Finance".
35. (23 November 2018). "A Winter-Coat Heavyweight Gives Trump's Trade War the Cold Shoulder".
36. (11 April 2018). "Columbia Sportswear Company Announces Intention to Acquire Remaining Interest in China Joint Venture from Swire Resources Limited".
37. (12 April 2018). "Columbia Sportswear to acquire rest of Chinese joint venture".