All Hunting & Fishing articles – Page 19
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ArticleVista Outdoor outlines long-term vision and financial goals for proposed separation of its business
Vista Outdoor, the parent company of 39 brands including CamelBak, Bushnell Golf, Foresight Sports, Bell Helmets, Camp Chef, Giro, QuietKat and Stone Glacier, held its annual investor day for institutional investors and analysts at the New York Stock Exchange this week. Speakers included CEO Chris Metz, CFO Sudhanshu Priyadarshi and ...
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News briefsGrundéns introduces waders with Gore-Tex, wading boots with Vibram
Grundéns, a Swedish fishing apparel and footwear manufacturer, has announced an innovative wading collection to the market. The collection will be available in spring 2023 at Grundéns retail partners and on grundens.com. The waders feature Gore-Tex materials and an advanced support system and offer anglers freedom of movement in and ...
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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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ArticleYeti sees big growth potential outside U.S.
Yeti’s first-quarter international sales rose 45 percent to $37.4 million from $25.8 million to account for 13 percent of period revenues and Yeti management thinks the segment can grow to more than 20 percent of its overall business over the long term. Despite current geopolitical headwinds in Europe, Yeti is ...
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News briefsRapala’s COO Lars Ollberg retires
Rapala VMC will bid farewell to company veteran Lars Ollberg this month after 44 years with the Finnish-based fishing tackle company. Ollberg began his Rapala career in 1978 as a sales representative and subsequently has also worked in marketing and sourcing positions at many of the company’s business units around ...
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ArticleJohnson Outdoors gets lift from camping, but fishing sinks
Johnson Outdoors’ operating income slipped 57.2 percent to $15.4 million from $36.0 million as total revenues fell 8.0 percent to $189.6 million from $206.2 million for the second quarter ended April 1. Gross margin slid to 36.2 percent from 45.2 percent, a decline the company blamed on higher material and ...
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ArticleVista Outdoor to separate into two; Q4 and FY profits soar
Vista Outdoor, which currently has a portfolio of 39 brands, including five it acquired over the last year, intends to separate its outdoor products and sporting products segments into two independent, publicly-traded companies. The current completion date for the transaction is sometime in 2023, when Vista sees additional acquisitions before ...
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News briefs
GSM Outdoors takes over Bill Lewis lures brand
U.S. hunting gear company GSM Outdoors has expanded its presence in the fishing market with the acquisition of the Bill Lewis Rat L-Trap brand of baits. The terms of the deal were not disclosed. This new move follows GSM’s first acquisition in the sector of Gary Yamamoto Custom Baits last ...
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News briefs
Nexus Outdoors launches new fishing apparel line
Michigan-based Nexus Outdoors, the owner of the ScentLok and Blocker Outdoors brands, has expanded into the fishing category with a new apparel line called Whitewater. The new brand is designed to allow anglers to focus on fighting fish, not the weather conditions, thanks to specific materials, technologies, and tailoring, Nexus ...
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News briefsRapala VMC reels in 2022 outlook
Rapala VMC, the Finnish-based fishing tackle firm, is now forecasting its full-year 2022 comparable operating profit to be below what it was in 2021. The crisis in Ukraine, a cold and late spring in the Northern hemisphere and faster normalization in the U.S. after the Covid-19 pandemic are the drivers ...
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ArticleShimano maintains guidance as sales growth continues to slow
Shimano’s sales in the first quarter of 2022 increased by 13.9 percent compared to the year-earlier to 144,047 million yen (€1,061m), as the growth rate in revenues continued to slow but nonetheless remained strong in the face of supply chain disruptions and logistics difficulties. The company said it is on ...
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News briefsDakine returns to the fishing business
Dakine, the brand founded in Hawaii in 1979 that offers bags, accessories, apparel and outerwear for people who love outdoor adventure, has relaunched its Dakine Fish category, which includes fish bags, tackle storage, gloves and headwear for a range of saltwater and freshwater fishing. Originally introduced in the 1980s, Dakine ...
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News briefs
Sharpe’s of Aberdeen acquired by MAG NI Holdings, owner of Dennett Outdoor
MAG NI Holdings, the owner of Dennett Outdoor, has announced that it has acquired the assets of Clan Nets, which trades as Sharpe’s of Aberdeen. Dennett Outdoor and Sharp’s will continue to operate as separate entities, with Dennett as the exclusive distributor of Sharpe’s products in the U.K. and Ireland. ...
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News briefsWorldwide fishing equipment market to reach $31.8 billion by 2028, new report suggests
The global fishing equipment market is expected to grow from US$ 23.8 billion in 2021 to US$ 31.8 billion by 2028, representing a compound annual growth rate (CAGR) of 4.2 percent in the 2021-2028 period according to a new report by ResearchAndMarkets. The report is entitled “Fishing Equipment Market Forecast ...
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News briefs1% for the Planet launches new Planet Impact Fund in its 20th anniversary year
In the year of its 20th anniversary, 1% for the Planet draws a positive balance of both the number of members and the donations collected. Initiated in 2002 by Patagonia’s Yvon Chouinard together with Craig Mathews, founder of Blue Ribbon Flies, the organization’s global network now consists of more than ...
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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 briefsShimano will continue to sponsor the World Carp Classic
Shimano Europe has renewed its agreement as a global sponsor of the World Carp Classic (WCC). Established in 1998, the WCC is the longest-running and biggest carp angling event in the world. The event is operated by U.K.-based Angling Spirit. The 24th edition of the WCC will take place from ...
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News briefsGrassroots Outdoor Alliance president Rich Hill to leave in April
Rich Hill, president of the U.S. Grassroots Outdoor Alliance (GOA) for the last five years, is apparently planning to quit his role in a few week’s time. According to SGB Media, Hill gave the news to GOA staff ahead of the group’s annual board of directors retreat earlier this month, ...
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ArticleAmerican Outdoor Brands shifting focus
American Outdoor Brands is adjusting its long-term focus to increase its revenues and product presence in the outdoor lifestyle category while maintaining a foothold in shooting sports. The Columbia, Missouri company, which intends to generate 50 percent or more of its topline in the outdoor lifestyle segment, has agreed to ...
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News briefsSkwala, a new apparel brand for fly fishermen, launches in Montana
A team of industry veterans has launched Skwala, a new fly fishing apparel brand, based in Bozeman, Montana. Kevin Sloan, founder and chief executive, led the Sitka Gear business for nearly 10 years. Rick Hohne, who is also part of the team behind the new brand, was previously senior director ...
