Columbia Sportswear Announces New Distribution Strategy for Norway and Iceland.Business Editors PORTLAND Portland, town, England Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested. , Ore.--(BUSINESS WIRE)--May 13, 2004 Capitalizing on increased business prospects and opportunities for brand expansion in Norway, Columbia Sportswear Columbia Sportswear Company NASDAQ: COLM is a United States company that manufactures and distributes outerwear and sportswear. Founded in 1938 by the late Paul Lamfrom, father of present chairperson Gert Boyle, the company is headquartered in Portland, Oregon. Company (Nasdaq:COLM COLM Column COLM Colorado National Monument (US National Park Service) COLM Committee On Lay Ministry ), a global leader in the active outdoor apparel and footwear Footwear consists of garments worn on the feet. It is worn for a variety of reasons, including protection against the environment, hygiene and adornment. Usually, socks and other hosiery are worn between the feet and the footwear, except for sandals and flip flops (thongs). industries, today signed a distribution agreement with Portland Norge AS to distribute Columbia and Sorel Sorel (sôrĕl`), city (1991 pop. 18,786), S Que., Canada, at the confluence of the St. Lawrence and Richelieu rivers. It is a grain-shipping center with an important shipbuilding industry. products in both Norway and Iceland. Distribution will commence in Norway and Iceland with the Spring 2005 product line. Sorel is a wholly-owned subsidiary of Columbia Sportswear which distributes a separate footwear and apparel line of products. Due to the fact Norway and Iceland are not members of the EU, Columbia Sportswear and Sorel chose to use an independent distributor, rather than using its direct to retail system through its own Cambrai, France, distribution center. In addition to distributing Columbia and Sorel product, Portland Norge will own and operate two Columbia Sportswear retail stores under a licensing agreement with Columbia. The stores will be located in Oslo, Norway, and Reykjavic, Iceland. The stores are planned to open by Spring 2006. "Over the past few years, Columbia and Sorel have developed reputations overseas for producing high quality products," said Bill Tung, director of International Operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. for Columbia Sportswear. "We feel that this particular market has been underserved, and consumers will enjoy increased access to our products." The establishment of this new relationship will enable Columbia to distribute a substantially higher volume of products in this area, and will make it possible for retailers to stock a wider variety of Columbia and Sorel product in their stores. Portland Norge will also assume marketing efforts to generate widespread exposure to the two countries' five million residents. Previously, Columbia's products were distributed in Norway by Sports Brands of Scandinavia since 1998. Oslo-based Portland Norge AS is a newly established company founded by Henning Hexeberg, the majority holder of Fashion Holding AS, the sales agent for other US-based footwear and apparel brands. For more information about Portland Norge AS, please call +47 922 66 055. Columbia Sportswear Company(R) is a global leader in the design, sourcing, marketing and distribution of active outdoor apparel and footwear. As one of the largest outerwear brands in the world and the leading seller of skiwear ski·wear n. Clothing appropriate for various types of skiing. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the Company has developed an international reputation for quality, performance, functionality and value. To learn more about Columbia Sportswear, please visit the Company's Web site at www.columbia.com. |
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