Fenix Outdoor Acquires Royal Robbins
In a move to bolster its presence in the North American market, the parent of Fjäll Räven and other outdoor brands has acquired 100% of Royal Robbins. Fenix had global sales of €539.9 million ($667.8 mm) in 2017, about half of that from retailing operations in Northern Europe. Its wholesale segment, which besides Fjäll Räven also includes Primus stoves, Hanwag boots and others, had sales of €123.2 million last year, with just €23.5 million of that in North America. It also sells into North America ... Log in to view full article.