Fenix Outdoor Sales Rise in Q1
Branded segment revenues at the Swedish outdoor company grew 32% in the first quarter to €59.6 million ($62.7 mm) from €45.2 million, attributed to the addition of Fjällräven’s wholesale operations in the U.S. and Canada. Order books for Fjällräven, Royal Robbins, Brunton, and its other brands started strong, but unseasonable weather and the volatile political climate hurt direct orders. Low inventory due to higher-than-expected demand for winter garments during Jan. in the Nordic countries was also a ... Log in to view full article.