AB Fishing Tackle

Main Menu

  • Home
  • Fishing Tackle
  • Fishing Rods
  • Fishing Gear
  • Fishing Equipment
  • Fishing Store

AB Fishing Tackle

Header Banner

AB Fishing Tackle

  • Home
  • Fishing Tackle
  • Fishing Rods
  • Fishing Gear
  • Fishing Equipment
  • Fishing Store
Fishing Equipment
Home›Fishing Equipment›Fishing tackle retailer posts record revenue | Economic news from the Center and East

Fishing tackle retailer posts record revenue | Economic news from the Center and East

By Sharon D. Horowitz
February 23, 2022
0
0



Fishing tackle and tackle retailer Angling Direct is expected to post record revenues despite a difficult climate.

The omnichannel business reports a 7.2% rise in revenue for the year to 31 January to £72.5m from its ‘exceptional’ sales of £67.6m for the year former.

The results were achieved despite all Angling Direct retail stores being forced to close between February 1, 2021 and April 11, 2021 due to Covid-19 restrictions and therefore can only operate on a “call and withdraw” basis.

Growth was driven by strong in-store sales as Covid-19 trade restrictions eased, although online sales were down slightly.

Angling Direct now has 42 sites.

Managing Director Andy Torrance said, “We are extremely pleased with the company’s business performance in another challenging year.

“Despite significant government restrictions endured during the period, we achieved our operational and strategic objectives. We recorded record revenues, opened four new stores and continued to invest in our long-term growth strategy, including the imminent opening of our European distribution in the Netherlands This investment along with our investment in technology and a strong balance sheet positions the company well to accelerate its growth strategy.

He added: “These achievements would not have been possible without the continued commitment of all of our colleagues at Angling Direct whom I would like to thank again for their incredible support throughout the year.”

Related posts:

  1. Global Sports Fishing Equipment Market to Reach $16 Billion
  2. Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast till 2025 – Manomet Stream
  3. Latest Fishing Gear Market Trends, Technological Advancements, Drivers & Forecast to 2021 – Clark County Blog
  4. The Fishing Equipment Market Expected To Experience Pronounced Growth In 2026
Tagsfishing tackle
Recent Posts
  • Is MSTR Facing Possible Bankruptcy Following Bitcoin’s Collapse?
  • Fishing Equipment Market Size and Forecast
  • Publishers avoid ‘bankruptcy for reporting the truth’ as ​​government scraps Section 40 court fees for press
  • EJF praises Department of Fisheries for gear directive; calls for more reforms in the fisheries sector
  • india sri lanka news: India to step up aid as Sri Lanka nears bankruptcy
Categories
  • Fishing Equipment
  • Fishing Gear
  • Fishing Rods
  • Fishing Store
  • Fishing Tackle
Archives
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • September 2017
  • July 2017
  • June 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • October 2016
  • July 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • November 2015
  • May 2015
  • April 2015
  • February 2015
  • January 2015
  • February 2014
  • January 2014
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • November 2012
  • June 2012
  • May 2012
  • May 2011
  • March 2011
  • November 2009
  • July 2007
  • October 2006
  • May 2006
  • Privacy Policy
  • Terms and Conditions