Written By: Press Office
On Date: 6/5/2019
Shimano European Experience Centre opens for business
The Shimano Experience Centre, arguably the most ambitious consumer-led project ever undertaken by a fishing tackle brand, was officially opened on Friday – less than four years after it was first conceived. The opening ceremony was presided over by Taizo Shimano, Senior Executive Vice President of Shimano Inc., and Marc van Rooij, President of Shimano Europe (above). In addition to fishing, the centre brings together the Japanese company’s other interests including cycling and rowing. It will give consumers the opportunity to try out the activities, get expert advice and learn about the company’s latest technologies...
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FINANCE
GO Outdoors and Fishing Republic owner reports record sales
The owner of two of the UK’s biggest fishing tackle retailers has reported a 15.4% increase in pre-tax profits for the year ended February 1st, 2019 and a 49.2% increase in revenue. JD Sports Fashion, parent company of GO Outdoors and Fishing Republic, saw sales in its Outdoor sector maintain its double-digit growth before tax despite what the group described as a particularly ‘weather-challenged’ trading period...
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APPOINTMENT
New President is named for owner of Pure Fishing
Sycamore Partners, the private equity firm that acquired Pure Fishing from Newell Brands in November last year, has appointed Rob Sweeney (left) to the newly-created role of President. Sweeney joins the New York business from Goldman Sachs, where he was Global Head of Consumer and Retail Investment Banking...
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PARTICIPATION
Industry welcomes new 12-month fishing licence for California
The approval of a 12-month fishing licence in California comes as welcome news to the state’s fishing tackle industry. The American Sportfishing Association (ASA), the Californian Sportfishing League and the National Marine Manufacturers Association (NMMA) are among more than 20 organisations that have been campaigning...
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RETAIL
French retail giant opens first major store in United States
Sporting goods retailer Decathlon, owner of the Caperlan fishing tackle brand, has opened its first full US store. The company, which has more than 1,500 locations across Europe, Asia and Australia, test launched a smaller ‘lab store’ in San Francisco last year. But the new 47,000 square feet premises opened in Emeryville, California…
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The Big One show doubles up for the first time and exceeds trade’s expectations
It wasn’t a Farnborough, but the inaugural The Big One show at Stoneleigh, in Warwickshire, is on track to match its ‘big sister’ event in the UK in future years, according to manufacturers and retailers who attended. Bauer Media acquired the 25-year-old Farnborough show early last year and quickly announced that it would launch a second The Big One in the Midlands. Angling International was there for new show’s debut at the National Agricultural and Exhibition Centre at the weekend...
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APPOINTMENT
PRADCO-Fishing appoints Director of Purchasing
PRADCO-Fishing, the owner of some of the most recognisable lure brands on the planet, has appointed Derek Hu as its Director of Purchasing. Hu has worked in sourcing and operations for leading businesses that include Petco, Dow Chemicals, Toprising Brands and HoMedics. He has an undergraduate degree from the University of Science…
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Bass Pro Shops Outdoor World reports first revenue increase since opening
The Pyramid – Bass Pro Shops’ destination attraction on the banks of the Mississippi River – has posted its first revenue increase since opening four years ago, The outdoor sporting goods retailer reported revenue of $45,980,582 in 2018, an increase from the $45,795,504 of the previous year, according to city records. ‘They have very much stabilised,” Sean Massey, partner in the Shopping Center Group's Memphis office told the Daily Memphian newspaper.
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TRIBUTES
Bass fishing community pays tribute to Irwin Jacobs
Irwin Jacobs (left), Chairman and CEO of the US-based Fishing League Worldwide (FLW), and his wife, Alexandra, were found dead last week at their home in Minnesota. Leader of the FLW and founder of the FLW Tour, Mr Jacobs had a revolutionary impact throughout his career. “He catapulted professional fishing in...© Exists, Angling International / Top Corner Editorial & Design Ltd, all rights reserved.
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