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Tackle Trade World - February 2024

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FLY FISHING LAUNCH SEEKS<br />

TO CHANGE THE GAME<br />

• Continued from page 3<br />

“When making a completely<br />

new company from scratch it<br />

seems easier to form it in the<br />

direction we want.<br />

“Going into new partnerships<br />

has been an exciting part of our<br />

short journey. It will be built<br />

with passion, determination<br />

and respect for ourselves and<br />

our business partners. I believe<br />

strongly in our setup and the<br />

skills represented within.”<br />

Her partner, Mads Pedersen,<br />

added: “Sometimes ambitions,<br />

values and goals align and<br />

everything falls into place. This<br />

is exactly how I feel about our<br />

new team and our collective<br />

approach to the fly fishing<br />

industry.<br />

“I am confident that we can<br />

provide both large and small<br />

brands in the fly fishing world<br />

with the best conditions for<br />

success throughout Europe.<br />

“Historically, many successful<br />

wholesale businesses have been<br />

based in the Nordic region, and<br />

with our location in Denmark,<br />

we are strategically positioned.<br />

Surrounded by excellent fishing<br />

waters and neighbouring<br />

countries, it’s natural that<br />

our part of the world attracts<br />

numerous fly anglers.”<br />

And in a key move, it has<br />

already announced a major<br />

partnership, adding the<br />

prestigious Nautilus Reels brand<br />

as the first in its portfolio.<br />

Hanna explained: “I am<br />

tremendously happy to partner<br />

up with Kristen Mustad and the<br />

Nautilus brand. It hit close to<br />

home as my own reel collection<br />

is primarily from Nautilus. I<br />

respect the products and I am<br />

proud to represent them again<br />

to the European dealers.”<br />

Nautilus Reels’ Kristen<br />

Mustad shared in the<br />

enthusiasm, stating: “We are<br />

looking forward to working<br />

with Hanna again. She is a<br />

powerhouse and will be a<br />

perfect fit for Nautilus in this<br />

market.”<br />

www.catchffp.com<br />

Key changes to move<br />

Rapala VMC forward<br />

<strong>Tackle</strong> giant Rapala VMC has made<br />

major changes and appointments to its<br />

global management team as it focuses on<br />

growing both existing business and new<br />

market opportunities.<br />

The company says that the current<br />

overstock situation created in the<br />

aftermath of Covid-19 appears to be<br />

improving, while more markets are<br />

opening up.<br />

Its One More Turn strategy is designed<br />

to identify key areas of profitability while<br />

allowing it to be flexible and react swiftly<br />

to market changes.<br />

It also aims to identify and make<br />

greater efficiencies in production<br />

and processes, improve the customer<br />

experience and involve employees in<br />

more decision making as well as utilising<br />

the skills of outside experts where<br />

appropriate.<br />

Last year’s launch of the CrushCity<br />

soft plastic lures has gone down well and<br />

the company is looking to invest further<br />

in the massive North American market,<br />

allowing it to become more competitive.<br />

Meanwhile, it will look to gain more<br />

market share in Europe while using a<br />

localised approach to determine specific<br />

product lines for Asia, South America<br />

and Africa.<br />

08 www.tackletradeworld.com<br />

The updated Global Management<br />

Team charged with taking forward<br />

includes chief financial officer Jean-<br />

Philippe Nicolle, who has taken on<br />

the role of chief operating officer,<br />

responsible for business performance,<br />

finance control and internal auditing.<br />

Miikka Tarna, who has been with the<br />

company since 2010, replaces him as<br />

chief financial officer, stepping up from<br />

deputy.<br />

After six years with the business,<br />

Tuomas Akkanen joins the Global<br />

Management Team as executive vice<br />

president, head of group supply chain<br />

and winter sports.<br />

Päivi Ohvo, formerly head of HR<br />

and managing director of Marttiini Oy,<br />

becomes executive vice president, human<br />

resources,<br />

Tuomo Leino has been appointed<br />

executive vice president, general counsel<br />

while Joni Tuominen is named as<br />

executive vice president, global business<br />

development and IT.<br />

All report directly to Rapala VMC<br />

president and chief executive officer<br />

Lars Ollberg, who said: “I want to<br />

congratulate new Global Management<br />

Team members for their appointments.<br />

I [also] want to remind everyone of the<br />

Lars Ollberg, Rapala VMC<br />

president and CEO<br />

work ahead. This team, together with<br />

the robust, experienced and professional<br />

local managers will ensure the success of<br />

Rapala VMC in the years to come.”<br />

Among the many brands in the Rapala<br />

VMC Corporation roster are:<br />

Rapala, VMC, Sufix, Storm, Blue Fox,<br />

Luhr Jensen, Williamson, Dynamite<br />

Baits, Mora Ice, StrikeMaster, Marttiini,<br />

Peltonen and 13 Fishing as well as<br />

Okuma in Europe.<br />

It posted net sales of €274 million in<br />

2022, employing around 1,500 people in<br />

approximately 40 countries.<br />

www.rapalavmc.com

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