Supply Chain Research

Fiskars reported Q3’20 revenue growth of 7.2% year over year as the tool maker benefited from increased stay-at-home spending on gardening tools during the pandemic. Interim CEO Sari Pohjonen noted that the firm’s performance has been helped by “supply chain efficiencies”. The firm has been reliant on China, which represented 54.1% of U.S. seaborne imports linked to Fiskars in Q3’20, but is rapidly scaling up shipments from Asia ex-China. The latter climbed 259% year over year in Q3’20 while total U.S. seaborne imports linked to Fiskars rose by 51.3%. At the product line, U.S. imports of...