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Rapala CEO: ‘Fishing tackle retail business in turmoil’

One of the biggest manufacturers in the industry has described the fishing tackle retail business as in ‘turmoil’ and going through structural change.

In his company’s latest quarterly report to investors, Jussi Ristimäki, President and CEO of Rapala VMC Corporation, reported first quarter sales roughly in line with last year’s levels, but outlined the problems facing the retail sector.

He said that the U.S. – the group’s biggest market.. Read More

Entries invited for EFTTEX Best New Product Awards

EFTTEX exhibitors and co-exhibitors are invited to participate in the highlight of the show – the prestigious Angling International-sponsored Best New Product Awards. New products launched for the first time in Europe from January 1st this year are eligible to be entered. Judged by members of the press, the..

Bankrupt Gander Mountain sold in $390m deal

Bankrupt outdoor sporting goods retail chain, Gander Mountain, has been bought by the largest recreational vehicle dealer in North America, Camping World Holdings, and a group of liquidators. The value of the winning bid is believed to have been around $390 million and beat a bid from rival..

Ardent Tackle files suit against Maurice Sporting Goods

Ardent Tackle, the Missouri manufacturer and distributor, has filed suit against Maurice Sporting Goods for breach of contract relating to its alleged failure to pay for the sale and delivery of goods. Ardent revealed the move in a press release, saying that additionally Maurice is being sued on..

UK’s National Fishing Month celebrates Silver Jubilee

National Fishing Month, the initiative designed to promote participation in the UK, celebrates its Silver Jubilee this year. Managed by the Angling Trades Association (ATA), the scheme has helped introduce nearly 300,000 people to fishing over the last 25 years by managing a series of nationwide events, coaching..

New travel magazine puts big spenders in reach of global retailers

The countdown has begun to one of the most eagerly anticipated magazine launches in angling – and global retailers are being reminded of the opportunities it presents to sell their tackle ranges to big spending anglers worldwide. Fishing & Travel magazine is aimed at anglers with a thirst..

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