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Nash baits cease trading

Saw something about this today.

Is it the entire company (rods / clothing) or just the bait side does anyone know ?
Saw a post on Instagram earlier stating nashbait is being closed so they can concentrate on the tackle brand. They have produced some cracking bait in the past the most recent being the TG Active a few yrs back, but I sort of feel that side of the company has gone gradually downhill in the last few years
 
Went downhill after Gary Bayes retired a few years ago,( apparently)
 
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