Angling Direct
This coverage provides in-depth analysis of Angling Direct’s operations and strategic developments within the UK retail sector. Reporting focuses on store expansion through new openings and acquisitions, the growth of its MyAD loyalty programme, and the integration of digital technologies to enhance customer experience and operational efficiency. Insights are tailored for retail professionals overseeing store operations, customer engagement strategies, and market expansion plans in the specialist retail segment.
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May- 2021 -12 MaySport & Leisure
Angling Direct FY21 revenues soar 27.1%
Angling Direct, the fishing tackle and equipment retailer, saw group revenue spike 27.1% year-on-year to £67.6m in FY21. The firm’s gross profit rose 39.5% from £16.6m in FY20 to £23.1m this year, as its EBITDA climbed £5m to £5.7m for the 12 months to 31 January 2021. Online sales at…
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Feb- 2021 -24 FebruarySport & Leisure
Angling Direct sees revenue soar by 27%
Fishing tackle and equipment retailer Angling Direct is expecting to report a 27% increase in revenue to £67.6m for the financial year which ended 31 January, ahead of announcing its final results on 11 May 2021. In a trading update, the retailer reported a strong performance from its online store…
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Jun- 2020 -3 JuneSport & Leisure
Angling Direct reports £1.5m net loss in FY results
Fishing tackle and equipment retailer Angling Direct has reported net losses of £1.5m in its full-year results, attributing the decline to “adverse” post-Christmas trading due to “exceptional flooding”. For the year ended 31 January 2020, the retailer also reported EBITDA losses (pre IFRS 16) of £500,000 compared with £300,000 in…
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Feb- 2020 -18 FebruarySport & Leisure
Angling Direct profits hit by flooding despite 26.5% spike in revenues
Fishing tackle and equipment retailer Angling Direct has said winter flooding has impacted profits despite reporting a 26.5% increase in revenues. In its pre-close trading update ending 31 January, the company saw in-store sales increase by 41.3% to £27.9m, with sales up 12% on a like-for-like basis. The company revealed…
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3 FebruarySport & Leisure
Angling Direct appoints new board director
Angling Direct has announced that Dilys Maltby will join the board of the company as a non-executive director with immediate effect. The fishing tackle retailer said that Maltby has a “strong track record” in advising international consumer brands on their “purpose, brand strategy and proposition”. She will now be working…
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Feb- 2019 -26 FebruaryHigh Street
Angling Direct acquires Chapmans Angling for £1.4m
Angling Direct, the specialist fishing tackle and equipment retailer, has acquired fishing tackle retailer Chapmans Angling for £1.4m payable in cash and includes stock at Valuation. Chapmans Angling, which has two stores in Scunthorpe and Hull, generated revenues of over £3m and profit before tax of £43,000 last year. Angling Direct…
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