Columbia Sportswear CEO Says Additional Tariffs to Be 'Problematic'

Columbia Sportswear CEO Says Additional Tariffs to Be 'Problematic'

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of the retail market in the US, focusing on Columbia's growth opportunities in outerwear and sportswear. It highlights the impact of tariffs and strategies to mitigate them, including a diverse sourcing base. The discussion covers cost management, particularly labor and freight, and the importance of pricing power. The company emphasizes efficiency and a strong balance sheet to handle market pressures. E-commerce strategies are also explored, with a focus on maintaining competitive advantage in the digital space.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the company's strategic expansion?

Reducing product lines

Expanding into sportswear products

Focusing solely on footwear

Increasing winter product lines

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company view the potential impact of tariffs?

As a minor inconvenience

As irrelevant to their business

As a significant challenge

As an opportunity for growth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the fastest growing components of the company's costs?

Office supplies

Marketing expenses

Research and development

Labor costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach to managing rising freight costs?

Reducing product quality

Improving coordination and efficiency

Passing all costs to consumers

Ignoring them

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company ensure it maintains pricing power?

By increasing demand creation costs

By cutting employee benefits

By reducing product quality

By ignoring market trends

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the company's products are sold through their own e-commerce platforms?

30%

20%

10%

5%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth range for the company's digital sales?

25-35%

5-10%

10-15%

15-25%