JOHNSON OUTDOORS REPORTS FISCAL FIRST QUARTER NET SALES UP 29% YOY
On February 5, 2021, Johnson Outdoors Inc. (Nasdaq:JOUT), today announced higher sales and earnings during the Company’s first fiscal quarter ending Friday, January 1, 2021.
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Creating a Canadian Conversation
What I miss the most this year is the interaction I normally get with you and your peers in the industry. At the Toronto Boat Show, there was always time to stop and talk, ask questions, share ideas and trade opinions.
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MARINE PRODUCTS CORP., ANNOUNCES 47.6% SALES INCREASE IN 2020
Marine Products Corp., manufacturers of Chaparral, Robalo and Vortex boats announced their Q4 financial results on January 27th. For the quarter ended December 31, 2020, Marine Products generated net sales of $71,110,000, a 47.6 percent increase compared to $48,175,000 in the same period of the prior year.
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CANADA’S FIRST-EVER VIRTUAL BOAT SHOW A SUCCESS!
Canadian Boat Shows management has reported that the 2021 Virtual Toronto Boat Show successfully concluded its seven-day Live show and that feedback received to date indicates that most Exhibitors and Consumers embraced a new way of planning, shopping and boat show experience!
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BRUNSWICK REPORTS STRONG Q4 EARNINGS WITH CONTINUED GROWTH AND M&A AHEAD
On January 28th in an investor call, Brunswick reported strong Q4 2020 earnings, a very positive growth outlook and the likelihood of merger and acquisition activity in 2021 / 2022.
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BOATING ONTARIO ANNOUNCES MEMBER BENEFIT WITH TD MERCHANT SOLUTIONS
Boating Ontario is excited to announce yet another member benefit through their new relationship with TD Merchant Solutions. As the only major Canadian bank that operates a merchant acquiring business as well as issuing debit and credit cards, payments are their business.
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BAY BRIDGE BOAT SHOW ANNOUNCES EXPANDED FORMAT POWER AND SAIL – TWO SHOWS IN ONE. APRIL 15-18, 2021
The Annapolis Boat Shows is set to combine their two spring shows into one expanded 2021 Bay Bridge Boat Show. From April 15-18, the Bay Bridge Marina in Stevensville, Md will host the largest, in-water power and sailboat show in the Mid-Atlantic.
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2021 BEAVER MEDAL NOMINATIONS NOW OPEN
For the tenth consecutive year, the Maritime Museum of British Columbia is inviting nominations for the 2021 SS Beaver Medals, an award that recognizes outstanding achievements in and contributions to B.C.’s marine sector. The nominations’ deadline is June 4, 2021.
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HANSEYACHTS AG REPORTS HEADWINDS DURING FIRST HALF OF 2020/21 FINANCIAL YEAR, BUT ORDER BOOKS AT RECORD LEVEL
With its Hanse, Dehler, Moody, Privilège, Sealine and FJORD brands, HanseYachts AG was able to keep manufacturing in all its plants during the first lockdown in spring 2020, and even develop new models. However, lower orders resulting from the international lockdown led to two months of part-time furlough in autumn 2020.
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NMMA AND MARINE TRADES VOICE CONCERNS ON PROPOSED TRANSPORT CANADA REGULATORY CHANGES
As previously mentioned in the NMMA Canada November newsletter, Transport Canada’s Office of Boating Safety has been consulting on proposed changes to the Pleasure Craft Licensing (PCL) Program and the Pleasure Craft Operator Competency (PCOC) Program.
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FOR FIRST-TIME OWNERS, IT’S THEIR BOAT’S FIRST WINTER ASHORE
Boating boomed in 2020, with thousands of first-time boat buyers desiring respite from the pandemic. Now many of these new boat owners are learning how to maintain and store their vessels for the first time. A midwinter visit to check on the boat − no matter if stored ashore in a backyard, or a marina parking lot − is a wise thing to do.
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BOATING ONTARIO ANNOUNCES NEW 2021 DIRECTORY
Your 2021 Boating Ontario Directory is officially here! This must-have resource for boaters and those searching products, or services is now available in an all-new digital experience as well as an exciting, interactive mobile app version, with a printed version coming soon!
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BENETEAU OCEANIS 40.1 AWARDED ‘BEST MONOHULL CRUISING BOAT UNDER 50FT’ FOR 2021!
Sail Magazine has announced that the Oceanis 40.1 has been awarded ‘Best Monohull Cruising Boat Under 50ft’ for 2021!
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Understanding the Challenges of 2021
In this edition of Boating Industry Canada News Week Digest, we have a story from Hanse Yachts describing their very strong order book, but also the challenges of meeting the consumer demand that seems to have resulted from the COVID-19 pandemic.
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CANADA’S FIRST-EVER VIRTUAL BOAT SHOW DELIVERS SUCCESSFUL EVENT TO CONNECT CONSUMERS WITH BOATING INDUSTRY DURING PANDEMIC
Exhibitors and consumers alike embraced a new digital way of shopping and boat show experience at the 2021 Virtual Toronto International Boat Show.
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Virtual Shows and Canadian Research Information
This past week was the first-ever Virtual Toronto International Boat Show and you can read the report of the results in the story below. It was a major undertaking for the staff and suppliers at Canadian Boat Shows to create a seven-day program of seminars, videos and on-screen boat displays, but they did it.
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THE MARITIME MUSEUM OF BC LAUNCHES THE “FLOAT THE BOAT” FUNDRAISING CAMPAIGN
The Maritime Museum of BC is running a fundraising campaign called “Float the Boat”. This campaign has a goal of $25,000 and will run from January 15, 2021 to March 31, 2021. Throughout the campaign the museum will be marking milestones by filling the tank below with water to float the boat higher and higher. We’ll be posting updates so make sure to follow along!
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EBI AND ICOMIA ENTER A CLOSER PARTNERSHIP TO FURTHER DEVELOP THE EUROPEAN AND GLOBAL BOATING INDUSTRY
European Boating Industry (EBI) and ICOMIA have entered a new partnership with mutual benefits for both EBI and ICOMIA members and an increased focus on the further development of nautical tourism. ICOMIA and EBI are very excited about this new partnership agreement and look forward to joining forces to tackle important industry issues together.
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ALUMACRAFT IS CELEBRATING 75 YEARS!
Alumacraft, now a division of BRP, has been building boats and making history for the past 75 years! They recently produced a number of short videos that tell the stories of some of the amazing individuals that are part of that history – from the brand’s humble beginnings, well into the future.
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CONTINUITY AND THE GREAT DISRUPTION
Big news this week! The Virtual Toronto International Boat Show is open all this week and we just learned that the NMMA and Informa Markets will bring the Miami International Boat Show together with the Miami Yacht Show starting in 2022. They will be moving back to South Beach and other great locations in Miami, and all of it will be under the Miami International Boat Show name in February 2022.
