Item 2. Properties
ITEM 2. PROPERTIES
The following is a summary of principal properties owned or leased by us.
Location Use Ownership
Portland, Oregon
Corporate Headquarters (1)
Owned
Carlsbad, California prAna Headquarters Leased
Richmond, California Mountain Hardwear Headquarters Leased
Portland, Oregon
U.S. Distribution Center Owned
Robards, Kentucky
U.S. Distribution Center Owned
London, Ontario
Canadian Operations and Distribution Center
Owned
Geneva, Switzerland
Europe Headquarters Leased
Strasbourg, France
Europe Administrative Operations
Owned
Cambrai, France
Europe Distribution Center Owned
Shanghai, China China Headquarters
Leased
Tokyo, Japan Japan Headquarters
Leased
Seoul, Korea Korea Headquarters
Leased
Ho Chi Minh City, Vietnam
Liaison Office (2)
Leased
Bangalore, India
Capabilities Center (2)
Leased
(1) Corporate Headquarters is an approximate 30-acre site, which includes the Columbia and SOREL brands' headquarters and centrally-managed departmental functions, including information technology, certain supply chain functions, finance, human resources and legal.
(2) Our Liaison Office and Capabilities Center support global operations across our reportable segments.
In addition, as of December 31, 2025, we sold our products in over 565 DTC brick-and-mortar retail stores, the vast majority of which are leased under a variety of arrangements, including long-term, short-term, and variable-payment leases. We also have several leases globally for showrooms, office space, warehouse facilities, storage space, vehicles, and equipment, among other things. We believe that the Company's principal properties are in good condition and are suitable and adequate to support our business requirements. Refer to Note 8 in Part II, Item 8 of this Annual Report on Form 10-K for further lease-related disclosures.
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