Royal, Canada's leading omnichannel specialty retailer in the powersports market, recently partnered with Harvey & Company to accelerate growth and expand through strategic acquisitions.
Information on the Target
Founded in 1990, Royal stands as Canada’s premier omnichannel specialty retailer in the enthusiast powersports market. The company caters to a devoted customer base by offering a wide range of aftermarket products for snowmobiles, ATVs, UTVs, dirt bikes, motorcycles, and watersports. Royal’s robust e-commerce platform, complemented by five retail locations across Canada, provides customers with access to a comprehensive selection of products wherever and whenever they need them.
While Royal has strong retail foundations, its omni-channel business model has solidified its reputation for delivering an extensive product range. The current management team, driven by their capability and ambition, has been a significant factor in the company’s substantial growth in e-commerce, positioning Royal as a direct-to-consumer (D2C) powerhouse.
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Industry Overview in Canada
The powersports market in Canada has been experiencing significant growth, attributed to rising consumer interest in outdoor recreational activities and increased disposable incomes. Over the past few years, Canadians have shown
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