The original founders sold the company in 1970 to businessman Kenneth Klopp. This is also where The North Face got its name from as the northern side of a mountain is often the toughest one to climb, which the founders wanted to pay tribute to. Most notably, its Base Camp Duffle, as well as Mountain Jacket, are often used by professional mountaineers to climb the world’s most challenging mountains. The North Face, which was started by husband-and-wife duo Douglas and Susie Tompkins (who later also co-founded fashion brand Esprit), has been behind some of the most iconic designs in the outdoor industry. The North Face Headquarters: Alameda, California, United Statesįounder(s): Douglas Tompkins, Susie Tompkins Buell Source: Crunchbase, Columbia Sportswear, LinkedInĢ. It has to be noted, though, that the above-mentioned revenue and profit numbers also entail Columbia’s other brands it owns such as Sorel, prAna, and Mountain Hardwear. Its profitability has allowed the company to employ over 10,000 people. Profits rose by a whopping 445 percent to $450.5 million. It is now valued at close to $6 billion.įor the fiscal year 2021, Columbia Sportswear generated $3.1 billion in revenue, up 25 percent from the year prior. Its continuous growth allowed Columbia Sportswear to go public in 1998, raising around $100 million in the process. Today they sell over 5,000 different styles to customers around the world. Continuous issues with suppliers essentially forced Columbia to begin manufacturing its own products.Īlongside the rebrand, the firm also began to offer an increasing array of outdoor-related clothing. In 1960, it rebranded from Columbia Hat Company to Columbia Sportswear Company. The firm, for the longest time, only produced hats. Columbia Sportswear Headquarters: Portland, Oregon, United StatesĬolumbia Sportswear is the biggest outdoor brand when it comes to revenue numbers. So, without further ado, let’s take a closer look at the top 12 competitors of L.L. Additionally, single-product brands such as Osprey (bags) or Forsake (hiking boots) are disregarded as well. In order to ensure comparability, we only look at competitors that are primarily known for producing outdoor apparel targeted at both normal as well as affluent consumers.Īs a result, brands such as Adidas or Nike, which also produce comparable clothing lines, are not being taken into account. It is merely a summary of the competition that L.L. This analysis should not be seen as a purchase recommendation. We mostly take public information into account, namely annual revenue numbers, stores in operation, employee counts, and anything else that might seem relevant. Bean are ranked is based on a variety of data points. The methodology with which competitors of L.L. Revenue is equally split between active apparel, footwear, outerwear, and winter sports products. The company, despite still being family-owned, has generated $1.8 billion in annual revenue for the fiscal year 2021. Over 5,000 people are now employed by L.L. bean opened its first international retail store in Tokyo in 1992). The company now operates 54 physical stores in the United States and another 25 in Japan where its products are particularly popular (L.L. Bean ships its 140,000 products to over 200 countries across the globe. In 2001, Goran handed the keys to Christopher McCormick who became the first non-family member to lead the firm as CEO. Under his leadership, the brand grew from its home state of Maine all across the world, reaching over $230 million in annual sales by the mid-1980s. Bean opened its flagship store in Freeport, which is open 24 hours a day and throughout the year.Īfter Leon Bean died in 1967 (at the tender age of 94), he passed the responsibility of running the business onto his grandson Leon Gorman. In the early 1950s, after crossing $2 million in annual sales, L.L. He slowly grew the firm by opening more stores in the area and launching other products such as a duffle bag. Bean’s first product were waterproof boots that the firm sold to other hunters in the area. Its founder, a passionate hunter and fisher, had started the company after repeatedly getting his feet wet during his trips. The company, which is headquartered in Freeport, Maine, was founded in 1912 by Leon Leonwood Bean. Bean is a manufacturer and distributor of outdoor-related clothing, footwear, accessories, and even home goods.
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