Fenix Outdoor’s Brand Segment Struggles in Q3
Revenue from the Swiss outdoor company’s branded segment’s external sales, which includes Fjällräven, Tierra, Royal Robbins and others, declined 21% to €47.4 million ($52.1 mm) in the third quarter from €59.8 million. Operating income grew 4% to €19.8 million ($21.8 mm) from $19.1 million. Americas sales dropped 30% to €16.0 million, partially from the closure of underperforming stores. External sales at the global sales segment, made ... Log in to view full article.
