All Fenix Outdoor articles – Page 3
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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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News briefs
Primus and Brunton relaunch U.S. websites
Primus and Brunton, brands of Fenix Outdoor International based in Zug, Switzerland, have relaunched their websites in the USA. The digital agency VentureWeb, based in Squamish, British Columbia, Canada, was commissioned with the redesign. VentureWeb has worked in the past with brands such as Shimano, Santa Cruz and Sugoi. The ...
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ArticleFenix Outdoor banks on e-commerce after a weak quarter
Martin Nordin, chief executive of Fenix Outdoor International, expressed optimism about a recovery in the outdoor industry after the coronavirus pandemic is over, considering that it has outperformed other industries during past recessions, especially in Europe. He added that the epidemic’s negative effect on travel should lead people to look ...
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News briefs
Fenix Outdoor suggests canceling dividend
On March 17, the board of directors of Fenix Outdoor proposed to the general meeting of shareholders that no dividend be paid this year. The board justified this proposal by saying that the market situation will remain turbulent in view of the global situation. The coronavirus and the measures taken ...
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News briefs
Per Wååg appointed new global chief executive of Primus and Brunton Outdoor
Fenix has promoted Per Wååg, a company veteran, to global chief executive of Primus and Brunton Outdoor. Wååg was previously general manager of Brunton, which is also the distributor of Primus in North America. Fenix owns such other outdoor brands as Fjällräven, Hanwag and Royal Robbins and is the parent ...
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ArticleDisappointing end of the year for Fenix
Blaming unfavorable weather, product recalls and ongoing challenges in IT, the Fenix Outdoor International group, whose holdings include the Globetrotter chain and the Fjällräven brand, posted weak results for the fourth quarter of 2019.
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