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Rapala reports sales growth across all global markets

Rapala VMC Corporation has reported a strong set of figures for 2018 with organic sales growth of 7% compared to the previous year and revenue increases across all its global markets.

Net sales were €262.4m – up 4% from 2017 – and operating profit increased by 66% to €14.8m (€8.9m).

President and CEO Jussi Ristimäki told shareholders this morning: “We managed to achieve good results and are especially happy.. Read More

FeHoVa introduces trade element to popular show

A new initiative to attract retailers was one of the highlights at last weekend’s FeHoVa, one of Eastern Europe’s most popular tackle exhibitions. Although a few brands were missing from the show floor in Budapest this year, the impressive exhibitor list still included Daiwa, Tubertini, Maros Mix and..

Innovations give ICAST visitors an edge, says Savage Gear

In the traditional world of US bass fishing, Danish brand Savage Gear has in a short space of time demonstrated an innovative product range that is challenging the norm. At ICAST 2018 – shortly after its amicable split with its long-time distribution partner – the brand took to the..

Head of Australian retail giant to step down early after managers underpaid

The head of Australia’s leading supplier of fishing tackle is leaving the company early following revelations that its retail store managers have been underpaid for six years. The Super Retail group, owner of the BCF (Boating, Camping Fishing) group, has set aside $42.6 million to cover back pay..

Manufacturers given deadline over Proposition 65 opt-in

Manufacturers have been given an April 17th deadline to opt in to a Proposition 65 settlement negotiated by the American Sportfishing Association (ASA) and California attorneys. Prop. 65 seeks to protect consumers from products sold in California that contain harmful chemicals. Under State law, it could have serious..

Sonik partners with Energofish in Hungary and Romania

An award-winning Hungarian bait manufacturer and distributor has agreed a sales deal with fast-growing Sonik Sports to sell the UK brand’s products in Hungary and Romania. Energofish, a well-established company with more than a decade of distribution experience in the region, will be focusing on Sonik's full portfolio..

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