Columbia Raised Target For The Year, Sales Increased 29% In The Three Quarter.

In the year September 30th.

Columbia sporting goods company's net sales increased by 29% to 540 million euros.

In the same period, operating profit increased by 28% to 78 million 600 thousand euros, and net profit increased by 20% to 52 million 400 thousand euros.

Group president Tim Boyle believes that this good performance is due to the development of Columbia and Sorel brands in the North American market.

The good performance of the group's new joint venture in China and the good performance of Columbia's lifestyle brand Prana in April (the same period sales reached 22 million 500 thousand euros) also pushed up sales growth this quarter.

Specifically speaking.

In the third quarter, sales in the United States increased by 26% to 325 million euros, and in South America and the Asia Pacific region rose 72% to 98 million 700 thousand euros.

In Europe, sales in the Middle East and Africa increased by only 1% to 63 million.

Sales in Canada increased by 34% to 53 million 300 thousand euros.

In terms of brand, total Columbia sales increased by 29% to 444 million 100 thousand euros.

Sorel grew by 23% to 46 million 300 thousand euros, while Mountain Hardwear sales fell 24% to 24 million 700 thousand euros.

In the first nine months of this year, the sales volume of the group increased from 24% to 1 billion 110 million euros.

The group therefore expects annual turnover to grow by 22%, higher than the 19% to 21% growth forecast in July.

Recently, Asia's largest clothing retailer Fast Retailing Co. Ltd. (9983.T) fast marketing group flagship brand Uniqlo UNIQLO announced that, thanks to the lower temperature to help autumn and winter clothing sales, in October, Japan's same store sales increased by 10.5%, and total sales increased by 13.9% year-on-year.

Japan announced Friday that it would increase the scale of quantitative easing, and the Fast Retailing Co. Ltd. (9983.T) rose 2.81% to 41500 yen on Tuesday.