Fenix Outdoor Brands’ Sales Jump 38% in Q2
The Swedish parent of Royal Robbins, Fjällräven and other outdoor brands had an operating profit of €7.3 million ($8.8 mm), up 92% from €3.8 million last year, on 27% higher sales of €128.7 million ($155.1 mm) against €101.7 million. While most of Fenix revenue comes from its European retail operations, its brands division registered a 38% revenue gain to €31.1 million in the quarter. Lingering store closures hurt ... Log in to view full article.