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One of the UK’s leading fishing tackle retailers has been put up for sale. Struggling Fishing Republic, which last month issued a warning about the future of the company if it could not secure additional funding, is exploring the possibility of selling all or parts of the business. The news was released to the London […]The post Fishing Republic is available for sale as struggles continue appeared first on Angling International.
Erik Naberman’s role in the implementation of Shimano’s Value Based Pricing principle within the company’s bike division was a key factor in his recent appointment as Managing Director of its European... ...business. Naberman took up his role earlier this month, replacing former Managing Director Cor Ax who departed following a difference of opinion […]The post New Shimano Europe MD to ‘regain’ trust of retailers appeared first on Angling International.
Patrick Sébile and his newly created A Band of Anglers has appointed Black Magic Tackle as its exclusive distributor in Australia and New Zealand. Based in New Zealand, Black Magic Tackle has been supplying tackle to retailers across the region for more than 27 years. “Sébile is one of our industry’s most creative innovators and […]The post Black Magic Tackle signs exclusive distribution deal with A Band of Anglers appeared first on Angling International.
In its 70th year, German rod brand Sportex is introducing more than 150 new rods, including special anniversary products to celebrate the landmark. Its 2019 catalogue, which runs to more than 100 pages and is available to retailers now, features the world premier of the groundbreaking Graphenon and Beyond series. The company says that it […]The post 70th anniversary edition of Sportex catalogue is out now appeared first on Angling International.
Global apparel brand, Under Armour, bore the brunt of the blame for weak second quarter sales at one of North America’s biggest retailers of its type, Dick’s Sporting Goods. The giant, which stocks a comprehensive range of fishing tackle from the world’s top brands, saw its same store sales drop 4% during the 13-week period […]The post Under Armour hampers Dick’s Sporting Goods sales appeared first on Angling International.
The Australian Fishing Trade Association (AFTA) has declared its annual show a ‘great success’ after 80 exhibitors and 400 retailers attended the latest event. However, the organisers say they are committed to making the trade show more ‘attractive and beneficial’in the future and plans could include a change of location and the introduction of a […]The post Key changes could be in the pipeline for AFTA show appeared first on Angling International.
Dick’s Sporting Goods, one of the biggest retailers of fishing tackle in the US, is anticipated to post sales in the region of $2.23 billion for the second quarter of this year. According to investment resource Zacks, estimates from seven analysts suggest the big box chain will eclipse the $2.16 billion sales posted for the […]The post Dick’s Sporting Goods on target for strong Q2 sales appeared first on Angling International.
One of the UK’s top fishing tackle retailers closed five underperforming stores in the first half of this year. At last week’s Annual General Meeting (AGM) Statement, Fishing Republic told investors that significant changes have been as part of... ...gned to stabilise the business and improve its performance, including the store closures, […]The post Fishing Republic closed five stores in first half of 2018 appeared first on Angling International.
UK-based Fishing Republic, one of the region’s major retailers, has agreed a secured loan of £500,000 from existing shareholders. The loan, which is charged at nine per cent per annum, is repayable after one year. The company has no other borrowings. This funding will be used to provide additional working capital for the company as […]The post Fishing Republic agrees £500,000 loan from shareholders appeared first on Angling International.
Distributors, dealers and media will be pouring into EFTTEX over the next three days with different goals and objectives. But right up there among their priorities will be to discover what is new in the fishing tackle market. New product galvanises retailers and distributors, drives orders and brings people into shops. And in Europe that […]The post New products to watch out for at EFTTEX 2018 appeared first on Angling International.