All Hunting & Fishing articles – Page 2
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GSM Outdoors acquires Roboworm to expand product lineup
GSM enhances its fishing product offerings by acquiring Roboworm, a company known for its custom-poured fishing worms.
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Platinum Equity’s acquisition of GSM Outdoors completed
As reported before, Platinum Equity expands its portfolio by acquiring GSM Outdoors.
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Forloh releases collection with Polartec Power Grid
The US outdoor brand debuts its new Raider collection, combining advanced fleece technology with repurposed materials for enhanced outdoor performance.
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GSM Outdoors expands fishing portfolio
The US group strengthens its fishing division by acquiring K&E Tackle, adding trusted brands like Stopper Lures and Bear Creek to its portfolio.
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Vista Outdoor supports revised CSG deal over MNC capital’s full acquisition bid
Vista Outdoor backs a revised bid from CSG for its ammunition division, while an unnamed equity firm makes a move for the outdoor division.
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5.11's CFO retires, successor named
The Purpose-Built Gear brand appointed Bryan Jones as Chief Financial Officer, while long-time CFO Jim McGinty announced plans for retirement after nearly a decade in the role.
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Vista announces increased cash consideration for CSG transaction
The latest development in the back-and-forth of the Vista spin-off sees the group increasing cash consideration for its CSG deal to $28 per share.
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Snow Peak acquires majority stake in New Zealand fly rod company
The Japan-based outdoor brand acquires a majority stake in Swift Fly Fishing, expanding its global footprint and blending outdoor gear with fly fishing experiences.
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Go Outdoors opens Europe’s largest outdoor store
A special celebration weekend is scheduled for Sept. 7/8, with brand ambassador and TV presenter Helen Skelton cutting the ribbon.
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Sasta Oy acquired by new ownership group
The new Finnish shareholders plan expansion, with the brand’s founding family remaining the company’s key owners.
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RVRC welcomes Joel and Henrik Lundqvist as new ambassadors
The former pro hockey players will explore the Åre region together with RevolutionRace.
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Angling Direct delivers solid half-year performance
UK’s largest fishing tackle retailer reports strong performance with boosted UK sales and a new store in Europe, driven by expanded footprint and growing online presence.
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Regions outside the Nordics drive RVRC’s FY sales growth
The Swedish DTC outdoor company Revolution Race achieves strong double-digit growth in Q4 and for the full year.
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Vista Outdoor operating income dips 12 percent in Q1
The group’s Q1 sales met expectations, but profits exceeded forecasts despite a 12% drop in operating income. Sales fell by 7.1%, yet gross margin improved.
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Johnson Outdoors’ results hurt by lower sales, promotional investments
The American outdoor equipment manufacturer reported an operating loss and an 89% drop in net profit for the third quarter, with sales down 7.8%.
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Pescare Show goes to Rimini
The recreational fishing show is being held for the first time in the well-known seaside resort in Emilia-Romagna, Italy.
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Bicycle sales slump in Europe weighs on Shimano’s overall business
Announcing a 17.6% drop in total net sales in H1 2024, the world’s leading manufacturer of bicycle components blames macroeconomic turbulences in geopolitically tense times.
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Vista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
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Gridiron Capital sells GSM Outdoors to Platinum Equity
The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.
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Rapala VMC feels market improvement but sees potential troubles ahead
Rapala VMC, despite experiencing favorable market conditions during H1, including improved retail activity, is expressing some worry about the upcoming winter season.