Columbia Sportswear Looks to Add $700 Million in Net Sales by 2025, Fueled by Growth at Sorel
September 22, 2022
At its first investor day since going public in 1998, Columbia Sportswear Co. outlined ambitious long-term growth targets.
The Portland, Ore.-based sportswear company on Thursday laid out a goal to add over $700 million in net sales by 2025, a strategy that hinges on growth in footwear, digital sales and an international expansion. The company said it expects Sorel to be its fastest-growing brand, with a 20% to 22% expected compound annual growth rate over the next three years. FN