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Apparel giant loses $183m in COVID-19 ravaged second quarter

A major apparel exhibitor at ICAST – the fishing industry’s largest fishing tackle trade show – has announced a 41% decrease in sales and a net loss of $183m in a COVID-19 damaged second quarter of its financial year. Award-winning Under Armour reported revenue of $708m and restructuring and impairment charges for the quarter of […]

UK trade body welcomes Take a Friend Fishing extension

Take a Friend Fishing (TAFF) is back. The UK campaign to capitalise on the enthusiasm to try fishing during COVID-19 has been extended to run from August 14th to October 4th. The Angling Trades Association (ATA), the Environment Agency and the Angling Trust have combined to create the opportunity for rod licence holders to register […]

Johnson Outdoors Q3 results reveal significant cost of COVID-19 pandemic

US-based outdoor leisure products supplier Johnson Outdoors highlighted the significant impact of the COVID-19 pandemic on its business as it reported a 21.5% decline in revenue and 41.6% slump in profits in the third quarter of its financial year. Helen Johnson-Leipold, Chairman and CEO of the award-winning ICAST exhibitor, told investors: “As expected, the Coronavirus […]

Super Retail Group experiences ‘strong rebound’ as lockdown eases

Australia’s Super Retail Group – the country’s leading supplier of fishing tackle – has reported a ‘strong rebound’ in sales in the fourth quarter of its financial year following the easing of COVID-19 lockdown restrictions. The group says that due to the stronger than expected sales performance it expects to deliver annual revenue for 2019/20 […]

Big 5 Sporting Goods reports 31.9% surge in July sales

Big 5 Sporting Goods – one of North America’s biggest suppliers of fishing tackle – has reported a 31.9% surge in same-store-sales in July. Reporting its COVID-19 affected second quarter performance this week, which saw sales decrease by 4.2% compared to the same comparable period in 2019, Steven G. Miller, the company’s Chairman, President and CEO, told […]

The Big One Farnborough cancelled for second time this year

This year’s The Big One in Farnborough, has been cancelled for the second time this year due to the ongoing coronavirus pandemic.  The tackle extravaganza – which draws up to 20,000 visitors and showcases products from the sport’s biggest manufacturers – was originally due to be held in March, but was postponed shortly before lockdown restrictions were put in place and rescheduled for October […]

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