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Rapala VMC turnaround strategy yields positive results

Rapala VMC Corporation’s strategy to turn around the fortunes of the business produced positive results in the first half of the year, with an increase in sales and profitability.

The Finnish-based fishing tackle giant reported sales of €142.5 million, a 1% improvement on the €140.9 million achieved during the same period last year. Operating profit was up 39% to €15.3 million (2017: €11 million).

President and CEO Jussi Ristimäki.. Read More

New appointments at T-H Marine and R.L. Winston

T-H Marine Supplies has appointed Shana Ramsey to the role of Sponsorship and Pro Staff Marketing Manager. Ramsey, from Springfield, Missouri, will be responsible for coordinating the Alabama brand’s sponsored events, pro-staff and other promotional resources. She was previously with Bass Pro Shops and Garmin International. “We are..

Rapala VMC Corporation sees sales and profit rise

January-June (H1) in brief:

  • Net sales were €142.5m, up 1% from previous year (€140.9m). With comparable exchange rates sales were 6.5% higher than last year.
  • Operating profit was €15.3m (€11.0m), up 39%.
  • Comparable operating profit* was €15.2m (€11.4m), up 33%.
  • Cash flow from operations was €5.9m (€8.1m).
  • ..

Pure Fishing’s Hardy & Greys could be on the move

Hardy & Greys could be on the move from its current  home in the UK. The Pure Fishing brand is currently situated on the Willowburn Trading Estate in Alnwick, but a new proposal could see the company move into new purpose-built facility in the Northumberland town. If planning permission..

PRADCO-Fishing unveils Thill float manufacturing facility

To celebrate the forthcoming opening of its Thill floats manufacturing facility at its headquarters in Fort Smith, Arkansas, US lure giant, PRADCO-Fishing commissioned a local artist to decorate the outside of the building. The fish-themed painting was completed prior to the grand opening of the building on Thursday,..

More than 15,000 visitors make it an ICAST record attendance

Figures just released by the American Sportfishing Association (ASA) has revealed that more than 15,000 visitors – a show record – attended last week's ICAST in Orlando, Florida. "This was a fantastic week for the sport fishing industry," said Glenn Hughes, President of the ASA, which owns the event...

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