Fenix Outdoor Brand Sales Grow Double Digits
Revenue at Fenix Outdoor’s wholesale branded segment—Fjällräven, Tierra, Royal Robbins and other brands—increased 13% to €53.1 million ($57.0 mm) in the first quarter from €47.0 million, though operating profit declined 4% to €17.6 million ($18.9 mm) from €18.3 million. The Americas region and Germany were faster growing, but all markets improved except Sweden. The JV in China performed well helped by the lifting of Covid restrictions. ... Log in to view full article.
