Fishing

Rapala Warns Of Profit Drop As Fishing Market Softens (SGB UPDATE) Rapala VMC Corp., the manufacturer of fishing lures and other fishing-related products based in Helsinki, updated its full outlook for the year and now expects operating profits to decline “significantly below” previous year levels.

Vista Outdoor Closes Acquisition Of Simms Fishing Products (SGB UPDATE) Vista Outdoor, Inc. announced the closing of its acquisition of Bozeman, MT-based Simms Fishing Products for a purchase price of $192.5 million, which includes a net present value of roughly $20 million in future tax benefits.

Mossy Oak To License Major League Fishing Merchandise And Apparel (SGB UPDATE) Mossy Oak announced an agreement with Major League Fishing (MLF) wherein Mossy Oak would manage all future merchandise licensing efforts.

Karl’s Fishing & Outdoors Opens First Retail Store (SGB UPDATE) Karl’s Fishing & Outdoors, owned by Chicago-based Catch Co., announced opening its first brick-and-mortar store at 1621 River Run in Fort Worth, TX.

Gill Fishing Introduces Xpel Tec Apparel Collection (SGB UPDATE) Gill Fishing, the technical and lifestyle apparel manufacturer for anglers, has launched a technical apparel collection. The warm-weather collection features XPEL technology, a plant-based fabric treatment that shields away water, blood, oil, and muck without changing the breathability or feel of the four-way stretch fabric and delivers 50+ UV protection.