Royal Robbins Parent Sees “Disappointing” Q2 as Inventory Woes Persist

July 22, 2024

Fenix Outdoor International AG (Group) Chairman of the Board Martin Nordin was frank and to the point in his letter to investors on Monday, July 22. He indicated right up front that the second quarter did not come in as expected and proved “very challenging.”

Fenix Outdoor is the corporate parent to the Fjällräven, Tierra, Hanwag, and Royal Robbins wholesale brands and the Frilufts retail brand.

Still, Nordin noted that, on the positive side, the Group made “great strides forward” in reducing inventory and increasing liquidity at the end of the quarter. SGB Media