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Maurice Sporting Goods goes bankrupt:

Written By: Angling International On Date: 5/12/2017 Creditors named One of North America’s largest distributors of fishing gear has filed for bankruptcy in a move designed to facilitate its takeover. Troubled Maurice Sporting Goods, which is said to owe creditors up to $100million, has announced that it has reached an agreement to sell its assets to private investment firm, Middleton Partners, a company with a history... ACQUISITIONS Angling Direct acquires two more retail stores for £450,000 Angling Direct, the largest fishing retailer in the UK, has acquired two more top stores for £450,000, just two months after paying out £3million for Fosters of Birmingham. The North West Angling Centre (NWAC) and Tacklesaver – formerly ‘Trevs of Wimslow’ – have joined the ranks of the fast-growing company which now boasts… READ MORE EFTTA EFTTA gets go ahead to restructure membership fees EFTTA has restructured its membership fees as part of its objective to make the association less dependent on funds from its annual EFTTEX trade show. The initial attempt by CEO Jean-Claude Bel to imtroduce the changes at last June’s Annual General Assembly (AGA) in Budapest was stalled because it was felt the matter… READ MORE Arkansas Governor visits PRADCO-Fishing to announce jobs boost The Governor of Arkansas announced the creation of 60 new jobs at PRADCO Outdoor Brands Fishing Division during an official visit this month to the company's Fort Smith manufacturing facility. The investment has been driven by rising demand that will see four soft plastic machines introduced to produce YUM baits at its factory. The manufacturing line is currently a three-shift operation that runs 24 hours a day, five days a week, plus Saturdays if necessary. Additionally, PRADCO is also moving… READ MORE Wiley X secures fifth sales deal following successful EFTTEX Award-winning protective eyewear brand, Wiley X, has signed up another distributor following a successful EFTTEX trade show earlier this year. Hungarian-based Fishmedia HU Kft has become the fifth company to sign on the dotted line, following in the footsteps of partners in France, Iran, the Baltics and Russia. The two parties agreed a deal in principal at the show in Budapest before finally confirming an agreement recently. READ MORE CONSERVATION Bass fishing ban will cost industry jobs says top tackle retailer The owner of one of the UK's largest fishing tackle retailers has warned of job losses within the industry if the latest EU proposals to ban anglers fishing for sea bass in the first half of 2018 is given the go ahead. Speaking to the Angling Trust, the body that represents the sport in the UK, Paul Devlin, of Glasgow Angling Centre, said... READ MORE WORLD NEWS IGFA gives out first disaster relief funding awards The International Game Fish Association (IGFA) has announced the first recipient of its Worldwide Anglers Relief Fund (WARF), introduced to help the members of the industry get back on their feet after a natural disaster. The Guides Trust Foundation and Islamorada Charter Boat Association will each receive $10,000 to support those… READ MORE Variety is the spice of life at the world’s largest trade show The scale and variety of the world's largest fishing trade show ensures that ICAST is unique and offers different business opportunities to the thousands of varied retailers who pass through its doors. For Frank Hommema, owner of Port Charlotte, Florida-based Fishin' Franks, ICAST ticks the boxes on many levels. Be it finding a trend-setting product, cutting a make-or-break deal or hanging out with the legends of the sport, the show is 'one I must attend', according to the owner of the retailer. A veteran of more than 30 shows, Hommema says that ICAST is getting back to its heyday of the mid to late 90s when they were 'monstrous' events before the financial meltdown that affected North America and… READ MORE APPOINTMENT Black Flagg announces rare Italian-American collaboration One of America’s leading tournament anglers has teamed up with a European lure manufacturer in a rare cross-Atlantic collaboration. FLW Angler of the Year, Anthony Gagliardi, and the Black Flagg brand, based in Italy, announced their ‘Italian connection’ last week on the eve of the brand’s launch into the US. READ MORE Bonefish & Tarpon Trust hosts sixth Symposium and Flats Expo Scientists, anglers, guides and many of the industry’s leading companies came together to collaborate on the conservation of bonefish, tarpon and permit at the sixth Bonefish & Tarpon Trust's International Science Symposium and Flats Expo. The weekend culminated with an Awards Banquet, hosted by tarpon fishing legend Andy Mill, and honouring BTT founders, Tom Davidson and Russ Fisher, as well as Dorsey Television, creators of Buccaneers & Bones. BTT’s collaborative approach was evident throughout the symposium, which highlighted... READ MORE SHOW NEWS Seventh Carp Austria set to break visitor record again Carp Austria is expecting another new visitor record as it prepares to open its doors at the Pyramid Vösendorf just south of Vienna this weekend. It is the show’s seventh year and the organisers say there are at least seven good reasons to attend. 1) It is not only Austria’s largest carp fishing fair, but also includes catfish and predator exhibitors... READ MORE Anyfish Anywhere looking for partners in North and South America Anyfish Anywhere, the leading manufacturer of high quality surfcasting rods, has a clear message for distributors in North America and the South America: “We want to do business with you.” The UK company is seeking distributors who want to supply their customers with the very best in surfcasting rods. And they are confident their impressive credentials provide the springboard for international growth. “Our market knowledge and total immersion in competition fishing are what make us different,” says Co-Director, Julian Shambrook (right), an accomplished international angler... READ MORE © Exists, Angling International / Top Corner Editorial & Design Ltd, all rights reserved. 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