Exhibitors from 15 countries attended last weekend’s FeHoVa fishing and hunting show, the largest event of its kind in eastern Europe.
More than 300 companies exhibited at the event in the Hungarian capital of Budapest, including tackle giants Daiwa, Shimano, Rapala and Svendsen Sport carp brand, Prologic. Closer to home, Hungarian companies at the event included Energofish, Haldorado, Cralusso, Maros-Mix, Dovit and Joker Floats.
The fishing arena boasted a 15% increase in exhibitors and covered a larger area than last year – 400sqm.
Energofish Product Manager Sàndor Sukjó told Angling International: “Although the attendance was on a par with last year, the show was extraordinarily busy for us as we entertained anglers and many of our retailer partners at our booth.
“It was a great opportunity for us to present our latest products to our customers who we invited over the first two days of the event. We showed off around 350 OEM products and also introduced items from the Sonik Sports and Navitas brands, which the company started to distribute last year.
“Both anglers and retailers were particularly interested in our new liquid aromas, hookbaits and groundbaits. Feeder fishermen came to have a look at our new Method Egg and groundbaits that we had featured on Facebook a couple of days before the show.”
Sukjó added: “A good indicator of a consumer show is how much is spent by anglers..Continue Reading
The UK's largest fishing tackle retailer, which replaced its CEO last week, has announced that it expects a loss ‘of not more than’ £500,000 before tax for the year ended January 31st, 2020.
Angling Direct said that a disappointing post-Christmas trading period, which was hit by flooding in many regions of the UK, impacted on its profits.
The company’s leader for the last 17 years, Darren Bailey, resigned last week and was replaced by Andy Torrance, who joined the Board as Non-Executive Director in October 2019.
The company said it expected to report revenue for the period of £53.1m, an increase of 26.5% compared with the same period in the previous year (2019: £42m). It continued to grow sales both instore and online. Bricks and mortar sales were up 41.3% to £27.9m and 12% on a like-for-like basis.
Online sales grew to £25.2m, an increase of 13.3%, with growth across its European networks which include Germany (24.6%), France (70.9%) and the Netherlands (86.7%). Total international sales increased by 7.6% to £5m, accounting for 19.9% of total online sales.
It told investors: “Notwithstanding the strong growth the company has delivered this year, a disappointing trading period post-Christmas, influenced by exceptional winter flooding, has impacted profits. The lower levels of fishing activity meant that the higher margin, consumable products were hit disproportionately.”
It added that it continues to have a..Continue Reading
US apparel brand AFTCO has strengthened its presence in the freshwater market while at the same time taking a swipe at the growing involvement of private equity firms in the industry.
In a statement announcing the company’s increased focus on the bass, crappie and walleye sectors, AFTCO President Casey Shedd said: “The past few years have brought widespread change to the fishing industry, with private equity groups taking over several respected brands, resulting in a lot of non-anglers at the helm of these companies.
“I see this as detrimental to the fishing community and our fisheries. It shifts a company’s focus away from what is important.”
In a separate statement, Shedd refers to ‘today’s world of shortsighted private equity bankers commandeering companies from high rise offices.’
AFTCO’s move into freshwater is inextricably linked to its longstanding commitment to conservation. Every year since 1973 it has contributed at least 10% of its profits to saltwater fishing conservation. Now, its more expansive strategy will help generate additional funds for freshwater conservation, says the Californian company.
“Amidst this change, we’re proud as ever to remain stable and family-owned with a laser focus on conservation and solving real world fishing problems,” added Shedd. “Our increased freshwater presence fits well into our company’s broader mission.”
AFTCO has expanded its pro team to include six new Bassmaster Elite anglers, including two-time B.A.S.S. Angler of the..Continue Reading
Tackle giant Rapala VMC Corporation used the day it announced a 5% increase in sales for 2019 to reveal the identity of its new President and CEO.
The Finnish company has followed a recent trend of recruiting from outside the industry with the appointment of Nicolas Warchalowski to replace acting CEO Louis d’Alançon, who took over from previous incumbent Jussi Ristimäki, who resigned in September last year.
Warchalowski will join the company on March 1st from BabyBjörn, the Swedish-based supplier of products for young children, where he was CEO. Previously he held similar posts at the apparel brands, Peak Performance and Haglöfs. In his earlier career he worked in the USA and Austria with Red Bull as well as Proctor & Gamble.
“We are very excited to appoint Nicolas after an extensive and thorough international recruitment process,” said Rapala VMC Board Chairman d’Alançon. “He possesses the strong leadership capabilities required to take the group to its next stage.”
Warchalowski added: “I feel greatly honoured and thrilled to join the legendary Rapala VMC. I used its products when I was growing up. To get an opportunity to carry on its legacy and join such a committed and ambitious team feels really exciting.”
Delivering its 2019 and second half of the year results, the Finnish lure giant reported net sales of €275.4m (2018: €262.4m) for the year – up 5% (3% with comparable exchange rates) –..Continue Reading
Fishing & Travel, the magazine for the globetrotting angler, is looking to its latest appointment to spearhead a subscription push in the United States.
It has announced that Doug Olander, the Editor-in-Chief of Sport Fishing magazine in the US for over a quarter of a century before its closure, has joined as Editor.
Welcoming Olander to his new role, Julien Lajournade, Editor of Fishing & Travel's sister publication, Voyages de Pêche, said: “Doug has the ideal background for us. He is an avid travelling angler with experience in both fresh and saltwater.
“We are confident he will bring his knowledge of the North American market and excellent trade connections to the benefit of our business. Fishing & Travel has enjoyed success in Europe and has subscribers in England, Scandinavia, Holland and Germany. It is also growing in Russia and south-east Asia.
“But we lack visibility among North American travelling anglers. We hope that Doug can break the code in that respect and help us gain more readers on the other side of the Atlantic.”.. Continue Reading
A chance to attend the world’s largest fishing tackle trade show opened an ‘awesome’ new world of opportunity for kayak angling specialist Charlotte Gayle Smallwood.
Charlotte attended ICAST with GLL Marine and GLL Outdoors, based on West Point Lake near LaGrange, Ga. GLL offers a wide range of fishing products and kayaks in its retail showroom. Charlotte is a tournament angler and kayaker who consults for GLL Marine on what tackle and products work for kayak anglers.
She told Angling International: “My partner, Jamie Dabbs, and I will definitely be going back this year and in the foreseeable future. The experience is just too good to miss on so many levels and I would truly recommend those in the industry to go and check out all the different types of products for the upcoming year.
“We got a load of information about all types of tackle and other items. We absolutely loved the New Product Showcase and the chance to physically try out the new stuff and take part in the voting process.
“The biggest highlight for us was getting to meet so many new people from all over the U.S. Everyone we met was so nice and did an amazing job presenting and explaining their products.
“ICAST is a wonderful networking opportunity and we were able to meet new contacts and place orders for lots of new products.
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