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Related News
8/17/2026
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EXEC: Rapala VMC Expects 2026 Operating Profit to Blow Past 2025 Levels
(SGB UPDATE) Rapala VMC Corporation (Rapala) has updated its full year outlook for 2026, with full-year comparable operating profit (excluding mark-to-market valuations of operative currency derivatives and other items affecting comparability) for 2026 is now expected to be in the range of €12 million to €14 million.
8/10/2026
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EXEC: Daiwa Parent Posts Solid Fiscal Q1 Growth but Lowers H1 Profit Forecast
(SGB UPDATE) Globeride, the parent of the Daiwa fishing brand, reported that the global outdoor, sports and leisure industry continued on a moderate recovery trend in the fiscal first quarter ended June 30 despite consumer sentiment being affected by soaring energy prices and rising prices, in general.
7/29/2026
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Nexus Outdoors Acquires Blackfin Rods
(SGB UPDATE) Nexus Outdoors announced the acquisition of Blackfin Rods, the Hobe Sound, FL-based manufacturer known for its American-made saltwater and freshwater fishing rods. The acquisition adds Blackfin to a growing portfolio that includes ScentLok Technologies, Blocker Outdoors, Whitewater Fishing, Hardcore Waterfowl, and TUO Gear.
5/14/2026
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EXEC: Daiwa Parent Globeride Tops Guidance for Fiscal Year
(SGB UPDATE) Globeride, the parent of the Daiwa fishing brand, reported flattish global sales and earnings in the fiscal year ended March 31, with increasing profits in its home market of Japan and Europe offsetting a loss in the Americas due in part to tariffs as well as profit declines in the Asia and Oceania region.
5/14/2026
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EXEC: Rapala VMC Posts 20 Percent Comp Exchange Growth in North America in Q1
(SGB UPDATE) Rapala VMC President and CEO Cyrille Viellard reported that the company he leads had positive start to 2026 with 13 percent sales growth at comparable exchange (ce) rates, supported by exciting new product introductions and efficient supply chain execution, enabled an encouraging performance despite continued global market uncertainty.
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