NEW YORK — Lower costs and higher sales combined to create record second-quarter results for Columbia Sportswear Co., prompting the company to raise its guidance.
In a separate development, Pat Anderson has been promoted to chief operating officer of Columbia, effective in December. Anderson will succeed Don Santorufo, who is retiring. Bryan Timm will succeed Anderson as chief financial officer. The company has initiated a search to find a successor to Timm as controller.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)