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Why You Can’t Buy Stock in Simms or Sage: The Private World of Fly Fishing Brands

If you’re a fly fisherman with a passion for gear and a head for business, you may have wondered: Why can’t I buy shares in Simms? Or Sage? Or Orvis?

The reason is simple: nearly every major name in fly fishing is privately held. In an era where companies go public to fuel growth and scale rapidly, the fly fishing industry remains firmly rooted in private ownership—and that’s by design.

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