Columbia Sportswear
Decrease in Quarterly Sales Due to Challenging U.S. Market
Columbia Sportswear announced on Thursday that its sales had decreased by 8% to $570.2 million in the second quarter, with the outdoor clothing manufacturer citing a "challenging" American market as the reason for the decline.
American Market Challenges
The decline in sales for Columbia Sportswear highlights the difficulties faced by companies in the U.S. market, with economic uncertainties and changing consumer preferences impacting the performance of businesses across various industries.