Columbia Sportswear Signs License Agreement for Tents and Sleeping Bags; Agreement with NorthPole, LLC Broadens Columbia's Product Offering.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 6, 2003 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 ) announced today that it has signed a license agreement with NorthPole LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for the design, manufacture and marketing of camping tents, sleeping bags and innovative screened gazebos. The collection will debut in a select number of sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport stores for the 2004 spring season. "NorthPole is one of the top tent and sleeping bag manufacturers in the world and has a stellar reputation for designing distinctive, high-quality products," 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 enthusiastic about working with them to provide Columbia-branded tents and sleeping bags to outdoor enthusiasts." Columbia estimates that the relevant tent market is approximately $337 million at retail and the relevant sleeping bag market is approximately $230 million at retail. Columbia opted to pursue a license agreement rather than manufacture the outdoor equipment in-house. "We are absolutely thrilled to partner with Columbia Sportswear," said T.P. Lee, Chairman and Chief Executive Officer of Northpole. "Our track record of bringing innovation to camping tents, sleeping bags and other outdoor products will continue with Columbia-branded products for the 2004 retail season." NorthPole LLC is a vertically integrated, global company that offers a unique combination of consumer-driven product development, manufacturing, and delivery of innovative products for home and outdoor use. It is the world's largest camping tent and sleeping bag maker. The privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. has over 6000 employees and is headquartered in Fremont, California. 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 brands in the world and the leading seller of skiwear ski·wear n. Clothing appropriate for various types of skiing. in the United States, 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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