Fishing retailer catches sales boost to defy summer drought

Fishing retailer catches sales boost to defy summer drought

The UK’s largest fishing shop has posted a surge in sales to defy fears that the record drought is impacting the country’s rivers and fisheries.  Angling Direct, the UK’s leading seller of fishing equipment, said it has grown its market share and is on track to meet its profit targets despite the drought, which has seen river flows fall to record-low levels.  Steve Crowe, chief executive of the AIM-listed firm, said: “Despite the well-documented…

Angling Direct grows UK sales despite drought and consumer squeeze

Angling Direct reported higher first-half sales, with UK growth offsetting a weaker European performance, and held up despite a squeezed consumer and a prolonged drought that dented demand. Receding rivers and drying lakes will have been a real problem for the firm’s customers, but they have managed to keep their heads above water and are […] The post Angling Direct grows UK sales despite drought and consumer squeeze appeared first on UK Investo…