Columbia Sportswear Company Announces Departure of Footwear Manager.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--April 16, 2001 International outdoor apparel and footwear leader 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(R) (Nasdaq:COLM COLM Column COLM Colorado National Monument (US National Park Service) COLM Committee On Lay Ministry ) announced today that Rodney Gumringer, General Manager of the Company's footwear category, has left the Company to pursue other opportunities. Gumringer joined Columbia as the head of footwear in December 1993. "Rodney has made strong contributions to the growth of Columbia's footwear business, and we wish him well in his future endeavors," said Bob Masin, Director of Sales and Merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. . "Our footwear team is comprised of dedicated industry veterans who have helped build a strong outdoor footwear brand for Columbia, and we are enthusiastic about this category's prospects." Masin pointed out that at March 31, 2001 Columbia's Fall 2001 global footwear backlog, excluding the 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. brand, was $45.5 million, a 27 percent increase over the Company's March 31, 2000 global footwear backlog of $35.7 million. The Company will report consolidated global backlog at March 31, 2001 in its fiscal 2001 first quarter earnings announcement, made after the market closes on April 26, 2001. Founded in 1938 in Portland, Ore., Columbia Sportswear Company is a global leader in the design, sourcing, marketing and distribution of active outdoor apparel and footwear. As one of the largest outerwear manufacturers 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. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including Masin's comments about the prospects for the Company's footwear business and order backlog. These forward-looking statements are subject to many risks and uncertainties. Actual results could differ materially from those projected in these forward-looking statements as a result of a number of risk factors, including those set forth in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. dated March 28, 2001, under the heading "Factors That May Affect Our Business." These risk factors include, but are not limited to, the effectiveness of sales and marketing efforts, economic conditions generally, the financial health of our customers, our dependence on consumer acceptance of our products, and the risk of order cancellation. Forward-looking statements should be considered in light of these and other risk factors. |
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