All Fenix Outdoor articles – Page 3
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News briefsFenix Outdoor sells Brunton
Fenix Outdoor announced that it has sold its Brunton business to David and Lauren Heerschap, two longtime employees of Brunton Outdoor Inc. in the U.S. Brunton is a manufacturer of equipment for navigation for various professional users and persons active in outdoor life, mainly in North America. The company commented ...
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News briefsFirst Naturkompaniet store opens in Norway
Naturkompaniet, part of Fenix Outdoor’s retail division, Frilufts, and previously only present in Sweden, has opened its first store in Norway in Kristiansand. Another new opening will follow in a month in Kongsberg. Earlier this year, Naturkompaniet had appointed Simon Larsen as head of retail in Norway.
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ArticleFenix says Germany recovery underway but warns of supply-chain issues
Fenix Outdoor has reported a rise in third-quarter sales and earnings but warned that global supply chain issues and Covid outbreaks in some of its manufacturing locations were still posing problems. The company also said it aimed to manufacture up to 20 percent of its own products by acquiring or ...
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ArticleOutdoor industry stocks declined by 6% in Q3
Public companies involved in the outdoor and bike sectors saw their average share value decline by 6.0 percent between June 30 and Sept. 30 of this year, after rising by 18.9 percent during the first quarter and by 13.8 percent during the second quarter. The sector performed a little better ...
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News briefsFrilufts Retail Europe acquires U.K. retailer Trekitt
Frilufts Retail Europe AB, a subsidiary of Fenix Outdoor International AG, is expanding its European retail network and has acquired all outstanding shares of the British outdoor retailer Trekitt. To date, Frilufts already includes four retail chains operating in the outdoor sector, which generated total sales of €264 million last ...
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News briefsNew GM for the Norwegian branch of Fenix Outdoor
Kyrre Ufert Lømo is the new general manager of Fenix Outdoor Norway AS. Lømo has more than 10 years of experience in sports marketing, multichannel business development and communications, and most recently spent 2.5 years at Columbia Sportswear as regional director for the Nordic and Baltic countries. The Norwegian subsidiary ...
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News briefs
Fenix Outdoor UK has a new managing director
Fenix Outdoor UK Ltd. has announced the appointment of its new managing director for the U.K., Paul Griffiths. Griffiths brings a wealth of industry experience from working with brands such as Arc’teryx and Salomon and will join the company on Sept. 1. He replaces current country manager Will Stanton, who ...
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ArticleFenix’ Q2 sales up, but sluggish German performance weighs on overall result
Fenix Outdoor International said it was still experiencing Covid pandemic-related difficulties in the second quarter with delayed re-openings of the German and Benelux markets affecting the business. The company said the impact was unexpectedly felt more in its Brands operations than the retail division as “a lot of retail customers ...
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ArticleOutdoor company stocks continue to gain ground in Q2
From the first quarter to the second quarter of 2021, the 32 outdoor stocks we track were up 13.82 percent. Neither the bike nor the retail companies had a major impact here, but rather a few of the large groups such as Anta Sports, Vista Outdoor and American Outdoor Brands, ...
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News briefsHanwag celebrates 100th anniversary
Source: Hanwag Hanwag, the Bavarian outdoor footwear company, has said that it will celebrate its centenary by making 400,000 pairs of boots and shoes. The business was founded in 1921 by Hans Wagner, the son of a shoemaker, in the village of Vierkirchen, north of Munich. Wagner’s ...
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ArticleMixed results for Fenix Outdoor
Fenix Outdoor International had a difficult start to the year and still faces some of the challenges that have marked 2020. Management said major store closures in Europe hampered business in Q1, although there were some upsides, such as the performance of retail stores in Sweden, Finland and Denmark, as ...
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ArticleFenix Outdoor unveils its 2021 goals
Fenix Outdoor International had a tough year in 2020 due to the pandemic and its store closures, with sales falling by 7.3 percent to €563.0 million. The operating margin (Ebit) contracted by 3.1 percentage points to 10.9 percent. Net profit declined by 44.6 percent to €33.9 million. But in its ...
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ArticleFenix ends 2020 in the red
The Fenix Outdoor International group posted weak results for the fourth quarter of 2020. The management said that the quarter started well, with strong reorders and brick-and-mortar sales that were showing signs of improvement. However, the second wave of the pandemic and civil unrest in the U.S. – which led ...
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News briefs
Swedish Naturkompaniet to expand to Norway
According to Sportfack, the Swedish outdoor chain Naturkompaniet plans to open both an e-commerce shop and stationary stores in the Norwegian market later this year. CEO Henrik Hoffman sees great opportunities in the expansion. In neighboring Finland, Naturkompaniet is already represented under the name Partioaitta. Recruitment and preparations are reportedly ...
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News briefsGlobetrotter has a new CEO
Source: Globetrotter Andreas Vogler, CEO Andreas Vogler is the new chief executive of German outdoor retailer Globetrotter. Vogler replaces Henrik Hoffman, who, alongside Andreas Bartmann, Ulf Gustafsson and Vogler, remains a member of the management board of the German subsidiary of the Swedish Fenix Outdoor Group. In ...
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ArticleMixed results for Fenix
Fenix Outdoor International posted lower sales for its third quarter but managed to keep expenses under control. The management said the emergency plan implemented in the first quarter bore fruit, keeping costs and expenses at a manageable level. The company has, wherever possible, renegotiated the rent at relevant brick-and-mortar stores ...
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News briefs
Per Wååg is the new CEO for Primus and Brunton
Source: Fenix Per Wååg Per Wååg is succeeding Lars-Ola Brolinson as global chief executive for Primus AB and Brunton Outdoor, two outdoor brands of the Swedish Fenix Outdoor group. Wååg has already worked for both brands for seven years, the last three and a half as general ...
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News briefsGlobetrotter unveils concept for its new Berlin store
On Oct. 1, Globetrotter will open its new “experience store” at Schloßstrasse 20 in Berlin with almost 3,000 square meters of retail space spread over four floors. The decision to move from the old store in the Berlin-Steglitz district, which is not far away from the new location, to the ...
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ArticleFenix’s recovery driven by Europe
After a difficult first quarter due to Covid-19 restrictions, Fenix Outdoor International started seeing a small retail recovery in April with strong increases in online sales, making up for some lost sales in brick-and-mortar stores. In May and June, the improvement continued and was also supported by improved physical stores’ ...
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News briefs
Globetrotter takes over retail premises from Ergo Outdoor in Wiesbaden
Globetrotter, the German outdoor retail chain that is part of the Fenix Outdoor Group, will take over Ergo Outdoor’s store premises in Wiesbaden and convert them into a new Globetrotter store, to be opened in April 2021. The remodelling will start at the beginning of next year. The existing sales ...
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