Angling Direct customers take the bait as sales rise - News Summed Up

Angling Direct customers take the bait as sales rise


The largest specialist fishing gear seller in the UK has bucked the retail downturn and boosted sales at its shops and online. Sales at Angling Direct rose by nearly a third in the four months to November. The Aim-listed company said that group revenue rose by 31.5 per cent to £14.6 million while its like-for-like store sales increased by 7.2 per cent to £4.9 million. Ecommerce sales went up by 24.3 per cent to £6.7 million and the group said the division had recorded its best Black Friday week performance. Darren Bailey, chief executive, said the company was encouraged by the performance in a difficult trading environment.


Source: The Times December 19, 2018 00:06 UTC



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