Fenix sees possible M&A, aims to cut logistics costs after starts 2023 ‘in a reasonable way’

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Fenix Outdoor International said it is beginning 2023 “in a reasonable way” despite economic uncertainty and high inventory levels at retailers. The trend seen in the fourth quarter of 2022, with brick-and-mortar stores performing somewhat better than digital, has continued at the start of this year, the company added.

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