Award-winning U.S.-based Mayfly Outdoors, owner of the Ross and Abel fly reel brands, has acquired the international fly line manufacturer, Airflo Fishing.
Based in the UK, Airflo is a leader in fly line technology, including industry standard loops and tungsten line materials.
"Working with like-minded people who are dedicated to the industry bodes well for the long term future of all the brands," said Gareth Jones, Director of Sales at Airflo. "We are incredibly excited about the opportunities presented by this partnership."
The Airflo business is renowned for its expertise in thermoplastic engineering, making it one of the most unique businesses in the industry, according to Craig Baker, Mayfly Outdoors VP Business Development. "We are very impressed by the Airflo team because they bring a high level of technical knowledge of fly lines and manufacturing," he said. "The business complements our current brands well."
Mayfly will now employ over 100 people across several facilities operating in California and Wales. Baker added that the acquisition will provide the opportunity to restructure internal operations and distribution networks. "Our goal will be to give customers the best products available," he added.
The acquisition will also allow both the Abel and Ross to have a stronger presence in several key markets across Europe, while giving Airflo a centralised location in the leading fly fishing market in the world – the Rocky Mountain region... Continue Reading
Bass Pro Shops’ decision to relocate 118 jobs from its Cabela’s operation in Sidney to its own headquarters in Springfield, Missouri, has come as a further blow to the small Nebraskan town.
Cabela’s home in Sidney once employed some 2,000 people at its peak, almost a third of the town’s entire population. Today, following Bass Pro Shops’ $5.5billion acquisition of its rival in 2017, only around 200 remain.
“This is extremely sickening,” said Roger Galloway, the Mayor of Sidney. “These are people who live in Sidney and have been a part of the community for a long time, just like many before them who lost their jobs. We are very disappointed to see this happen.”
Bass Pro Shops said that employees among the 118 who choose not to move to Springfield will be offered severance and outplacement support.
“The relocation is consistent with the company’s long-term commitment to efficiently provide the highest levels of service,” said Bass Pro Shops spokesman, Jack Wlezien.
It has not been made clear how many Cablea’s jobs will eventually remain in the 15-building complex that dominates the Sidney skyline. The town dates back to 1867 and owes it existence to the Union Pacific Railroad.
The outdoor superstore chain was founded by Dick Cabela in 1961... Continue Reading
Yeti has expanded into the do-it-yourself space with the announcement of a new wholesale partnership with US chain, Lowe’s.
The high-end cooler maker, a former award-winner at ICAST, the world's biggest fishing tackle trade show, has also increased inventory in an effort to avoid the potential impact of tariffs due to be imposed on certain Chinese imports on December 15.
Yeti already has wholesale partnerships with Bass Pro Shops, Cabela’s, Dick’s Sporting Goods, West Marine and Williams-Sonoma.
It will begin rolling out products at Lowe’s during the end of this year and, based on results, continue through early 2021.
“We have targeted Lowe’s Home Improvement as both a strong rounding out within the DIY space and a broader extension with the pro customer for the Yeti brand,” said Yeti CEO, Matt Reintjes.
Yeti also increased inventory levels in Q3 by 33%, to $209.15m compared to $157.67m in the same period last year, to cushion the blow of the planned tariffs.
The increase was mostly seen in drinkware, which made up 56% of net sales in the quarter. Yeti has already increased inventory by 21% in the previous quarter.
Reintjes said the company was not currently planning to move its drinkware supply chain out of China because there were other options to mitigate tariffs before going down that route.
However, Yeti has begun relocating..Continue Reading
Fast-growing Danish fishing brands, Westin and Kinetic, have significantly strengthened their United Kingdom and Eire team with the appointment of a new sales agent and additional ambassadors .
Gareth Whittington has added the UK to his sales responsibilities. He brings a wealth of knowledge of the UK angling trade to the team, having previously held several senior roles in the industry. The company says his appointment underlines the great strides he has made with Westin and Kinetic in the Republic of Ireland.
Westin CEO, Thomas Petersen Eidor, said: “We have a good and long track record with Gareth as sales representative in Ireland and we are very pleased to have him represent Westin and Kinetic in UK in the future.“
In addition to the new sales role, Westin has also significantly strengthened its ambassador line-up in the region in recent months with several key signings designed to broaden the experience and media impact in the team.
Highly experienced lure fishing guide, Tim Maslen, of Severn Expeditions, was the first angler to join the team as a UK ambassador this autumn. He targets both freshwater and saltwater predators using Westin’s extensive lure fishing range. The impact of the zander expert has already been felt with several videos demonstrating his trademark tactics on his home ground of the River Severn receiving great coverage on social media.
Regular readers of the angling media in..Continue Reading
Cipher Group, the holding company for carp angling brands; Trakker Products, Aqua Products and Cygnet Tackle, has today announced the acquisition of Frenzee.
It is moving into a new sector of the angling industry with the highly-anticipation purchase of the brand which was put up for sale earlier this year.
The group says it sees a huge opportunity within the fishing accessories market and is looking forward to sharing its exciting plans for the future, which will ultimately reinvigorate the brand while adding value for the consumer, as well as their retail partners.
It added: "All will be revealed regarding the future of Frenzee in due course. One thing is for sure, and that is, that while the future of Frenzee is in the hands of the Cipher Group it is set to be a very promising one.
"The integration of the Frenzee brand into the Cipher Group portfolio is in full-flow and the ability to supply retailers – dependant on stock – is being supported by the usual high standards that we are already renowned for."
Any enquiries with regard to the supply of stock under the Frenzee banner should be directed to Phil Canning on 07824 142994... Continue Reading
A move to ban lead in fishing tackle in Minnesota has been rejected – at least for the time being.
The proposal, reported on this website two days ago, came in the form of a petition from conservation groups urging the state’s Department of Natural Resources (DNR) to prohibit the use of lead in tackle on waters where loons are known to nest.
The petitioners, lead by the Friends of Minnesota Scientific & Natural Areas, also sought to ban lead ammunition thoughout the state.
But based on the broad scope of the proposal, a lack of data on the impact on wildlife and the state’s history of failed attempts to adopt more modest lead restrictions, DNR Commissioner, Sarah Strommen, decided that the issue was best left for the Legislature. “There is an insufficient basis to commence rule making,” she said... Continue Reading
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