Company
Angling Direct PLC
LON:ANG
Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK. The company sells fishing tackle products and related equipment through its network of retail stores, located strategically throughout the UK as well as through its leading digital platform and other third-party websites.
69 stories
Angling Direct slumps on profit warning
The fishing tackle specialist saw sales in its peak trading period hit by last summer's unprecedented heatwave which caused some fishery closures
Angling Direct records jump in annual sales
"We have reported record revenues, opened four new stores and continued to invest in our long-term growth strategy," said CEO, Andy Torrance
Angling Direct wrestles to get website back after cyber attack
The company has ensured that "work continues round the clock to bring the websites back online” while reassuring customers that its “39 retail stores across the UK have remained open and continue to trade”
Angling Direct to meet market expectations after turning profit during pandemic
The new year has started well, with quarterly sales up 54%
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Angling Direct highlights strong sales momentum in 2020 despite store closures
The fishing tackle retailer expects to report a revenue increase for the year of 27% and a swing to positive earnings, boosted by strong sales growth in its online operation
Angling Direct says positive sales momentum has continued in December
Angling Direct says 26 of its stores remain open but 12 others are operating only a click-and-collect service due to new Tier 4 restrictions
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Angling Direct to beat forecasts despite second lockdown
All the firm's 38 stores will reopen fully today with the end of the coronavirus lockdown in England, said the fishing equipment specialist
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Angling Direct sees momentum continue in October
Sales remained robust throughout October and although the physical stores are now closed as per new lockdown restrictions they remain open for call-and-collect purchases
Angling Direct reels in higher profits from resilient first half, reinstates guidance
The fishing tackle retailer highlighted resilient trading across its shops following a 12-week closure due to UK lockdown measures, with in-store LFL sales up 75% from June 15 to July 31, 2020
Angling Direct expecting to benefit from "staycation" trend
All of the retailers UK stores are now back open and have been doing a roaring trade
Angling Direct raises £5.5mln for reopening of stores on June 15
The coarse fishing season also starts on June 15 and Angling Direct wants to be stocked up and ready
Angling Direct nets more market share and plans safe reopening of stores on June 15
“We are now in the process of preparing to open our stores safely, as we work in accordance with government advice to protect our staff and customers,” said chairman Martyn Page
Angling Direct's online sales growth accelerating with fishing lockdown restrictions to be relaxed
The group said its board is working on plans to re-open the firm's physical stores when allowed and with appropriate safety measures in place
Angling Direct's e-commerce sales remain robust
Group sales increased by 19.0% year-on-year over the first three weeks of March prior to the significant recent impact of the coronavirus (COVID-19).
Angling Direct's online operations to pick up the slack as it temporarily closes retail outlets
Each of its retail stores are now closed until further notice; however, the company's distribution centre will continue to function for online sales
Angling Direct revenues jump as store and online sales both rise strongly
New store openings and online growth were driving factors in last year's sales performance
Angling Direct opens new UK store in Warrington, Cheshire
The 4,500 sq ft store is the company's 35th in the UK
Angling Direct CEO steps down, ex-Dunelm and Halfords man to take over
Under Bailey’s tenure, Angling Direct has grown in size to 34 branches
Angling Direct appoints new non-executive director to its board to " review, identify and deliver on its purpose"
Dilys Maltby has extensive experience working with consumer brands, both as a consultant and as a client
Angling Direct opens tenth new store this year
"We are excited to have opened our latest store in Swinton which increases our customer reach in the Greater Manchester region," said Darren Bailey, Angling Direct’s chief executive officer.
Angling Direct opens new Barnsley store, cheers ‘record’ Black Friday performance
"We are delighted to report that trading remains strong, which is due to recent store openings, enhanced operational performances both in-store and online," said chief executive Darren Bailey.
Angling Direct receives Norfolk outstanding achievement award
The firm said the annual event celebrates exceptional individuals and organisations contributing to the economic and social landscape of Norfolk
Angling Direct appoints Steven Crowe as its chief financial officer
Crowe most recently served as finance director at Marvel NewCo Ltd and Validus Ltd, having held previous positions at FTSE 100 insurer Aviva PLC
Angling Direct bags 32nd store and eyes more before year end
Chief executive Darren Bailey said there are “several other stores opening over the next few months”
Angling Direct lands “premium business” Erics Angling Centre
Chief executive Darren Bailey said the company wishes to "consolidate this highly fragmented market" and expects to open three further stores in the next year
Angling Direct nets record August sales
The fishing supplies retailer plans to further expand its 34-store roster with new locations "identified" for the next 12 months
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Angling Direct opens 30th UK store after robust summer trading
Turnover over the summer period rose 31% with August a record month of sales for the company
Angling Direct continues to reel in sales; opens new store in Leeds
The fishing tackle retailer reported that revenues had jumped 21% in the first six months of its financial year thanks to higher sales both online and in its stores
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Angling Direct opens new store in Nottinghamshire
Angling Direct opened its new store in Sutton-in-Ashfield over the weekend, taking its total number of sites to 28
Investments and investor services
FTSE 100 closes higher Monday, just, as traders sit on hands
Footsie closed around 11 points higher at 7,357 at the start of the week, while mid-cap cousin FTSE 250 gained over 39 points
Investments and investor services
FTSE 100 closes higher as trade tensions ease
The UK's index of leading shares finished the first day of the trading week around 46 points higher at 7,378
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Angling Direct continues to reel in the customers
The fast-growing group has cemented its position as the largest specialist fishing tackle and equipment retailer in the UK
Investments and investor services
FTSE 100 closes in red as US/China trade tensions ramp up a gear
The UK's blue-chip index finished the day around 39 points lower at 7,163
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Angling Direct looks to roll out more stores as it successfully tackles tough retail market
Chief executive Darren Bailey said the company has dodged the high street downturn, in part due to the specialist knowledge it provides to customers in stores
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Angling Direct reels in strong sales as it opens new store in Nottingham
The fishing tackle retailer said total sales jumped 28.5% in February and March, compared to a year ago
Angling Direct confident it can tackle post-Brexit supply issues
International sales increased by 98% to £4.66m and now account for 20.9% of the Group's online sales (2018: 13.8%), with shipments going to 49 different countries.
Angling Direct on track after bumper Black Friday weekend
The good sales trend has continued into December and the fishing equipment specialist expects to meet full year expectations
Angling Direct opens new Peterborough store
The opening takes the firm's total number of stores in the UK to 24
Angling Direct reels in £20mln to fund ambitious expansion plans
The fishing tackle retailer wants to open new stores in the UK, roll out websites across Europe and explore potential M&A opportunities
Angling Direct shares sink as tough competition drags on margins
Angling Direct's margins weakened as it tried to remain competitive with prices after heavy discounting by rivals
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Angling Direct reels in record first half driven by strong performance both online and in-store
Angling Direct reported a 56% rise in revenue, despite the hit to sales from the ‘Beast from the East’ earlier in the year and the more recent period of hot weather
Angling Direct lands Preston-based angling supplies business
The Ted Carter Fishing Tackle store is roughly 3,000 square feet in size and will be re-branded upon acquisition as Angling Direct Preston
FTSE 100 closes in red as there is little around to spark investor interest
FTSE 250 fared better though closing ahead by around 15 points at 20,800.
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Angling Direct says full-year revenue was ‘ahead of expectations’, to invest more in overseas markets
Angling Direct said it is already attracting regular custom from outside of the UK and last year generated revenue from over 40 countries, with all sales coming through the website.
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