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New CEO at Fishing Republic after ‘significant’ sales deterioration

Written By: Angling International On Date: 17/11/2017 Fishing Republic, the fast-growing UK-based retail chain, has made major changes at boardroom level, including the appointment of a new acting CEO, following a major decline in sales in October. The company has reported a ‘significant deterioration’ in trading which saw its like-for-like store sales decline 13% in October, in sharp contrast to a 16% rise for the nine months up to the end of September. This week the company announced that Steve Gross has been replaced as CEO by Chris Griffin, who will take on the role in an acting capacity. Gross will remain as Executive Director, but Zoe Gross, the Operations Director, and Paul Hagerty, the IT Director, have stepped down from the Board. READ MORE SPONSORSHIP Realtree Fishing teams up with Fishing Worldwide League Realtree Fishing has followed the recent release of its camouflage brand by partnering with the Fishing League Worldwide (FLW) in a unique deal. The Columbus, Georgia company is now the exclusive camouflage pattern of the FLW and will receive exposure across all the competition’s media platforms, including FLW Bass Fishing magazine... FINANCIAL Dick’s Sporting Goods plans ‘significant investments’ Dick’s Sporting Goods, North America’s largest sporting goods retailer, has announced plans to make ‘significant investments’ in its business. It revealed its plans at the presentation of its third quarter results which saw a 7.4% increase in sales to approximately $1.94 billion. Included in that was double digit growth in e-commerce. READ MORE UK’s Tackle & Guns Show could be set for a return in 2018 The Tackle & Guns Show, once an annual fixture on the UK trade calendar, could be making a return. Nick Marlow, the owner of Tackle & Guns magazine, the publication that spawned the show, is considering resurrecting the event next year. Marlow, who has experience in show production as well as media, purchased Tackle & Guns magazine from previous owner David Hall Publishing (DHP), which has since been sold off. DHP had already said that it would not be running the show in 2017. It also closed or sold some of its publications and lost the editors of its two trade titles... Bass Fishing Hall of Fame moves into new permanent home The Bass Fishing Hall of Fame (BFHOF) celebrated its grand opening in its new home in the Wonders of Wildlife Museum and Aquarium with the induction of five new members last week. The BFHOF exhibit, a gift from Johnny Morris, the Springfield, Missouri museum’s owner and the founder of Bass Pro Shops, features more than 60 members including Bill Dance, Jimmy Houston, Roland Martin and former US President George H. W. Bush. TRADE SHOWS Registration now open for Leeda’s iceTackle* trade show The UK’s leading fishing tackle distributor and brand owner will be hosting its very own trade show again next year. Leeda, the owner of the Wychwood and MAP brands, will once again be hosting its iceTackle* show at Arena:MK, the home of Football League team, MK Dons, from February 20th to 22nd. It is the fourth time that the company... APPOINTMENT Noraker leaves Eagle Claw to join Eposeidon Al Noraker has left Eagle Claw after 15 years to join New York manufacturer Eposeidon, where he becomes Product Development Director of the company’s KastKing and MadBite brands. His appointment is likely to accelerate the company’s further expansion into fly fishing and new product categories. The move marks a significant career... Raymarine expands Axiom and LightHouse 3 offerings Raymarine is now shipping the full line of Axiom Pro Multi-function displays. Available in 9-inch, 12-inch, and 16-inch sizes, the Axiom Pro line expands Raymarine’s award-winning Axiom range of high-performance MFDs available to offshore anglers and performance-minded cruising boaters. Axiom Pro models are designed around Raymarine’s proven HybridTouch™ control user experience, featuring both a multi-touch touchscreen control of the LightHouse 3 OS along with keypad, trackpad, and a rotary control interaction. © Exists, Angling International / Top Corner Editorial & Design Ltd, all rights reserved. Contact enquiries@angling-international.com

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