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Rapala announces group-wide plan to save €10m

Rapala VMC Corporation has announced a group-wide restructuring programme designed to deliver €10m in cost savings.  The plan is aimed at improving efficiencies, increasing internal synergies, decreasing operating expenses and reducing net working capital. The Finnish company – one of the world’s big four tackle businesses – says the measures will ensure future profitability and […]

Research outlines RBFF fishing participation strategy

New research that will help develop strategies to further increase angling participation in the US was revealed yesterday. Commissioned by the Recreational Boating & Fishing Foundation (RBFF), it is part of the organisation’s R3 (Recruitment, Retention and Reactivation) programme. It is the result of national surveys and focus groups involving US residents and R3 professionals […]

Spro opens new-look showroom and underlines its sales value

Fishing tackle manufacturer and distributor, Spro, has opened its renovated showroom in the Netherlands and emphasised its value in driving sales. The company says that it hosts hundreds of dealers every year and the new-look showroom is the perfect place to highlight its four main brands – Gamakatsu, Spro, Strategy and Cresta – alongside products from […]

Shimano reports 6% sales rise despite US-China trade war and Brexit fears

Against a backdrop of what it described as intensifying trade friction between the US and China, plus the Brexit problem in the UK, Shimano recorded a net sales increase across the group of 6.1% for the first nine months of the year. At yesterday’s third quarter results presentation, it told investors that its fishing division […]

Dick’s CEO said to be considering running for US President

The CEO of one of America’s biggest fishing tackle retailers is considering running for President, according to various news sources and comment on social media. Reports suggest that Edward Stack, the billionaire boss of the Dick’s Sporting Goods chain and a long-time Republican donor, is testing the idea of running in 2020 through a third-party […]

AFTCO appointment ushers in ‘new era’ of product focus

Robby Gant has parted company with Shimano American Corporation after 15 years to join tackle and clothing manufacturer, AFTCO as Tackle Brand Manager. The appointment, says AFTCO, signals a ‘new era’ of product focus for the Californian company. Gant will oversee all new product development, sales and tackle operations for the 61-year-old business after a […]

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