If you missed the recent news of Rapala VMC Corporation taking full ownership of the esteemed 13 Fishing brand comes as a stark reminder that the world of the fishing tackle market is ever tightening when it comes to true variety. It emphasizes a trend we’ve seen unfolding over the past decade — consolidation, and the consequential shrinkage of options for the angler.
For those unfamiliar, Rapala VMC is one of the biggest names in the fishing gear market. They aren’t a small town startup trying to make a splash in a shark tank; they are the shark. The acquisition of the remaining shares of 13 Fishing from James Coble not only grants Rapala VMC a high-performing brand but also a foot in the door of the US rod and reel market, a space that they’d been eyeing for a while.
However, the implications of this for the fishing community are more cloudy. One might argue, as indeed does Rapala’s CEO Lars Ollberg, that this will be beneficial. After all, what can be more reassuring than knowing your new fishing rod comes backed by the heavyweight that is Rapala, a company triumphant in manufacturing and supply chain distribution?
But on another note, what does this new merger mean for the distinctiveness and diversity that many credit to 13 Fishing? Innovation has been the brand calling card, offering alternatives from the usual market staples. But now with Rapala at the helm, will 13 Fishing’s novelty appeal and alternative identity eventually be minimized or altogether forgotten?
Rapala’s take over of 13 Fishing is another name added to a disturbingly growing list of unique brands being absorbed by industry titans. The colossal shadow these big names cast often lead to a reduction of variety within the industry, particularly amidst the suppliers of big bass wares. From a business perspective, this can streamline operations and lead to financial savings. From the angler’s vantage point, however, this means a potentially smaller selection of equipment and perhaps less innovation in the market.
Let’s not forget the impact corporate mergers have on the world of professional angler sponsorships. These partnerships are lifelines for anglers, fueling careers and passions alike.
But with big fish like Rapala swallowing up independent brands, the pool of potential sponsors is shrinking. This could spell tighter competition and fewer opportunities for anglers gunning for those funds.
These changes might also threaten finances for lesser-known or emerging talent. Smaller brands have a history of betting on these underdogs, but what happens when there are fewer of them around?
While it’s possible that behemoths like Rapala will step up their sponsorship game, the scary possibility remains: we could be witnessing a slow drain on sponsorship opportunities for both new and veteran professional anglers. As in fishing and in its related business, adaptability to rippling changes remains key.
True, the worst-case scenario might not come to pass. Rapala might well uphold 13 Fishing’s stunt for offbeat creativity. Still, the question remains and will remain — are we on the precipice of an industry where fishermen gear shops bear the logos of just a few big names, instead of a diverse array of inventive manufacturers? And if this is the case, are we, the anglers, truly better off? For those who love the craft and what each unique brand brings to the sport, this is a question worth fishing for.
