Columbia Sportswear Signs Canadian License Agreement for Athletic and Outdoor Technical Socks.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 24, 2001 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 ), a global leader in the active outdoor apparel and footwear industry, announced today that it has entered into a license agreement with Lamour Inc. to design, manufacture and market athletic and outdoor technical socks exclusive to the Canadian market. The collection of socks, made for men, women and children, will be available in stores in spring 2002. Department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , specialty stores and sporting good stores will carry the socks. Crescent Hosiery hosiery Knit or woven coverings for the feet and legs, worn inside shoes. In the 8th century BC, Hesiod referred to linings for shoes; the Romans wrapped their feet, ankles, and legs in long strips of leather or woven cloth. , Columbia's U.S. sock licensee, previously sold socks in the Canadian market. "Lamour is well-respected throughout the Canadian sock industry for its dedication to quality and innovation," said Tim Boyle Tim Boyle (born January 28, 1984) is an Australian rules football player, playing forward with the Hawthorn Hawks of the Australian Football League. His career has been plagued by injuries. , Columbia's President and Chief Executive Officer. "We are very excited about the business opportunities that await Columbia with the launch of this program." NPD NPD New Product Development NPD Nouveau Parti Démocratique (Canada) NPD Narcissistic Personality Disorder NPD Norwegian Petroleum Directorate NPD Nationaldemokratische Partei Deutschlands Fashionworld, an industry research firm, estimated that the relevant Canadian sock market from August 2000 to August 2001 was approximately US $290 million at retail. "We, too, are very enthusiastic about the association with Columbia Sportswear," said Marty Lieberman, Lamour Vice-President. "Both companies have a successful history of serving outdoor consumers, and we're confident that the Canadian collection we produce for Columbia will complement the company's existing product offering and thereby satisfy our Canadian customers." Founded in 1953, Lamour, Inc. is a premier sock manufacturer based in Montreal, Canada. The 48-year-old company produces a wide range of men's, women's and children's athletic and outdoor performance socks. Lamour currently controls more than 40% of the Canadian sports sock market. Founded in 1938 in Portland, Ore., Columbia Sportswear Company is a global leader in the design, manufacture, 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. The Beanstalk Group, Columbia Sportswear's New York-headquartered trademark licensing agency of record, assisted in this transaction. |
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