All Angling Direct articles
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News briefsAngling Direct announces 10% sales increase
U.K.-based fishing tackle retailer Angling Direct saw its revenues increase by 10.2 percent to £81.7 million (€95.7m) in its latest financial year to January 2024. Domestic sales grew 9 percent to £77 million (€90.2m), boosted by new store openings in Cardiff and Yorkshire. The company now has 47 stores across ...
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News briefsAngling Direct announces half year sales and profit growth
UK-based fishing tackle retailer Angling Direct has announced total group sales of £43.3 million (€49.6m) for the first six months ended July 31, representing an 11.4 percent increase. Like-for-like store sales increased by 4.9 percent. Domestic retail stores were £24.4 million (€28.0m), up 11.3 percent. Online sales rose by 8.3 ...
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News briefsAngling Direct posts double-digit revenue growth
England-based fishing tackle retailer Angling Direct saw its revenues increase by 11.4 percent to £43.3 million (€50.6m) in the first half of its financial year ended July 31, up from £38.9 million (€45.4m) a year before. Sales in the U.K. rose by 10.1 percent to £40.9 million (€47.8m). European sales ...
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News briefsAngling Direct announces CEO and board changes
Andy Torrance, CEO of British fishing tackle and equipment retailer Angling Direct, is stepping down to take on the role of non-executive chairman. The board has appointed Steve Crowe, the current chief financial officer, as his successor. In addition, Martyn Page will relinquish his role as non-executive chairman and will ...
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News briefsAngling Direct posts revenue growth, driven by in-store sales
Angling Direct, the British omnichannel fishing tackle and equipment retailer, posted sales of £74.1 million (€84m) for the financial year ended Jan. 31, 2023, representing a 2.2 percent increase from the prior year. Sales were boosted by the opening of new stores in Washington (July), Coventry (August) and Stockton-on-Tees (September). ...
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News briefsAngling Direct experiences revenue growth despite headwinds
Angling Direct, the British omnichannel fishing tackle and equipment retailer, saw group revenues increase by 1.3 percent in the first half ended July 31, 2022, against the first half of the previous fiscal year, with revenues reaching £38.9 million (€44.8m). Sales on a same-store basis increased by 4.6 percent. Store ...
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News briefsAngling Direct reports 7.2% sales increase
Angling Direct, the British omnichannel fishing tackle and equipment retailer, has posted a revenue increase of 7.2 percent in the full year ended Jan. 31, 2022, with annual revenues reaching £72.5 million (€85.4 million). The company reported a pre-tax profit of £4 million (€4.7 million) as compared to £2.7 million ...
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News briefs
Angling Direct’s new distribution hub in the Netherlands opens for business
Angling Direct, the British omnichannel fishing tackle and equipment retailer, has announced that its new European distribution center is now fully operational. The 3,940-square meter facility, located in Venlo, in the southeast of the Netherlands, is already dispatching to customers across the European Union. In addition to boosting the company’s ...
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News briefsAngling Direct posts sales increase despite Covid-19 store closures and decline in online sales
Angling Direct, the British fishing tackle retailer, has reported a 7.2 percent sales increase for its financial year ended Jan. 31, 2022, despite a 4.3 percent decline in online sales and the closure of all its 42 stores for three months, from Feb. 1 to April 11, 2021, due to ...
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News briefsAngling Direct posts solid sales growth despite pandemic disruption
Although the fishing equipment retailer was forced to temporarily close all stores again at the beginning of the year due to Covid-19 restrictions, Angling Direct saw its total revenues increase by 19.5 percent to £38.4 million (€44.8 million) in the six months to July 31. Revenues rose by 54 percent ...
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News briefs
Angling Direct posts 27% sales increase despite store closure in the U.K., boosted by e-commerce
Angling Direct , the U.K.-based fishing tackle retailer, saw revenues jump by 27 percent to £67.6 million (€77.7m-$94.5m) in the financial year to the end of January, despite the company’s stores in the U.K. were forced to close due to pandemic-related restrictions for 82 days last year, from March 24 ...
