After more than a century in business, Australian fishing reel brand Alvey Reels will shut up shop permanently.
When the news broke, there was an outpouring of support for the company that allowed it to continue trading. The company announced it had “made the difficult decision” to cease operation on June 30. The company still had “significant supplies” to clear and has planned a “structured sell down”, the statement said.
SAD news today for Alvey fans with the iconic Australian company announcing its closure. The Queensland-based company celebrated its 100th anniversary in ...
“We are currently sitting on significant supplies across our whole range of Alvey products, and as such, there will be structured sell down of ALL our stock. “We at Alvey Reels deeply regret this difficult decision, and whilst we commit to supplying as many of our products as we can for as long as we can, our immediate priorities are our loyal staff, our dedicated retailers and passionate supporters and customers. The Queensland-based company celebrated its 100th anniversary in 2020.
Australian owned fishing reel manufacturer Alvey Reels has announced it will be closing its doors after 102 years of business.
It’s never an easy decision to end such icon of Australia. I’d like to say thank you for all those years of hard working making and supplying your famous reels to so many Australians. All my memories as a kid was beach fishing off the Gold Coast with my dad and grandad with alvey reels,” one said. Thank you for all the years of being made in Australia and employing Aussies,” wrote another. “I have a bunch of alvey reels that I haven’t used in quite a while and was going to check to see if they are in good working order.