Jonathan Sauers, who was the American Sportfishing Association (ASA) Show Director from 2006 to 2011 and producer of its Easter Consumer show, has returned to the industry with SEiGLER Fishing Reels.
His role as a Director for the Virginia company will see him oversee national and international sales, distribution and dealer relations and media relations, as well as being local sales manager for the North East.
After leaving the ASA Sauer joined the Derema, a sales rep group for marine, outdoor and TV manufacturers before becoming owner of Bayle Mountain Marketing and The Mom and Baby Expos in New Hampshire.
SEiGLER Fishing Reels is based in Virginia Beach, Virginia, and makes its reels in the US. It has won the best fly reel award in the New Product Showcase for the last two years at the ICAST trade show... Continue Reading
As Coronavirus ravages much of the retail sector worldwide, the two top executives at one of the biggest suppliers of fishing tackle in the US have opted to forgo their salaries.
Edward Stack and Lauren Hobart, CEO and President respectively of Dick’s Sporting Goods will receive no payment from March 29, other than amounts covering their benefits. In addition, EVP and CFO, Lee Belitsky’s pay will be halved.
Dick’s has also announced reductions in the base salaries of all members of its senior management team, as well as other salaried personnel, by graduated amounts. The Board of Directors has also agreed to a temporary suspension of their retainer fees.
The reduction in fixed costs is being made to help curb the impact of Coronavirus and keep the business and its workers intact.
Dicks, headquartered in Pennsylvania, recently sold some of the stores in its Field and Stream chain. The company has more than 800 retail outlets across 47 states and reportedly has around 10% of the fishing retail market in the US... Continue Reading
One of New Zealand's major fishing tackle retailers has closed for a month as the COVID-19 pandemic hits the region.
The Briscoe Group, the owner of the Rebel Sport chain, has closed all its stores, which covers the homewares and sporting goods segments, and also cancelled a final dividend payment to shareholders.
Rod Duke, Group Managing Director, said: " We have yet to see the full scope of the national health response or the economic implications, but it's obvious that retail will undoubtedly be impacted. While this may not be a long-term market change, it still represents the most disruptive force to impact New Zealand retail – perhaps ever.
"The company is now required to cease all retail operations for a minimum of four weeks. Due to the level of uncertainty around these compulsory store closures, the group cannot forecast the extent of the impact from these unprecedented events.
"We continue to review available advice and data on a daily basis and are taking steps to protect the health and wellbeing of our team and customers.
"While the cancellation of the recent dividend will be disappointing for shareholders, I am totally supportive and convinced it is in the best interests of the group to ensure we protect the company both in the short-term and for the future."
Group Chair, Dame Rosanne Meo, added: The Board considers that the cancellation..Continue Reading
Global fishing tackle giant, Rapala VMC Corporation, has told investors it is impossible to estimate the impact to the group of the worldwide COVID-19 pandemic.
As a result of that, new President and Chief Executive Officer, Nicolas Warchalowski, said it was cancelling its financial outlook for 2020 which it issued in February.
At the time stand-in CEO, Louis d'Alançon, said this year would be one of transition with a decrease in net sales and a slide in comparable profit.
Rapala has the largest distribution network in the industry and manufacturing facilities across the globe, including Finland, France, Estonia, Russia, Indonesia and the UK. Last year it had net sales of €275m... Continue Reading
Brazil's fishing and outdoor trade show – Pesca & Companhia – has been bolstered by a number of returning exhibitors and newcomers to the event.
The 14th running of the show will take place from August 26 to 29 in Sao Paolo, where the organiser expects to welcome more than 100 companies representing 600 national and international brands.
An exhibitor at the first ever show, Monster 3X – based in Rio Grande de Sul – is making a return and will be showing off its artificial soft baits alongside a wide range of fishing clothing, accessories and hooks.
Another returnee will be the Fishing Co, a manufacturer of caps, visors, gloves and buffs. It will be joined by newcomers which include Mar Negro Fishing, Presa Viva, Porto Sombreiros, Rock Fishing and Express Polarizados... Continue Reading
The cancellation of its show due to take place this week because of the Coronavirus pandemic has not deterred the National Marine Manufacturers Association (NMMA) from putting on an event for its customers.
It has replaced the Progressive Insurance Northwest Sportshow, which is sponsored by the likes of Rapala, Berkley, Northland Tackle and Lindy, with the launch of a Virtual Sportshow which will go live on April 2.
The NMMA has partnered with TRMG, the publisher of its boat and sport show guides, to take the 2020 Northwest event online. This aims to provide exhibitors with an alternative way to participate in the show and reach the event's dedicated audience of local boaters, anglers and outdoor enthusiasts digitally.
The Virtual Sportshow will be sent to the show's email database, posted on the website and shared on local media. It will offer:
• Video Vault – educational boating, fishing and outdoor films;
• Shopping Guide – All Northwest Sportshow exhibitors will be listed here for free. It will be organised by product/service categories to make it easy for consumers to navigate;
• Show Specials – featuring exhibitor deals or show specials;
• Virtual Booth – An opportunity for enhanced content, such as videos, new products, articles and direct sales. There will be a cost attached to inclusion in this section... Continue Reading
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