REI Community
search
Advanced
Eastern Mountain Sports owner (Vestis Group) filing for bankruptcy
View Latest Posts in This Forum or All Forums
Page 1 of 1.  
Follow replies to this topic? Notify me at the top of web site.
1

Email me.
 
Administrator
May 8, 2016
fortune.com/2016/04/18/eastern...

According to this article, EMS seems to be suffering in part due to the portfolio losses of its parent, Vestis Group, specifically Sport Chalet. EMS is also feeling the pinch from REI and online retailers and is closing 8 stores:

"The Eastern Mountain stores closing are as follows: Christiana, Del.; Dulles, Va.; Foxborough, Mass.; Moorestown, N.J.; North Brunswick, N.J.; University of Pennsylvania in Philadelphia; Warwick, R.I.; and West Hartford, Conn."

Other related reports:
gearjunkie.com/eastern-mountai...
bloomberg.com/news/articles/20...
Jim Lawyer
Joined Feb 19, 2006
2,830 points
May 8, 2016
mountainproject.com/v/sports-c... FrankPS
From Atascadero, CA
Joined Nov 19, 2009
15 points


Follow replies to this topic? Notify me at the top of web site.
1

Email me.
Page 1 of 1.  

Mountain Project

The Definitive Climbing Resource

MTB Project

Next Generation MTB Trail Maps

Powder Project

Backcountry Ski Maps & Secret Stashes
FREE Stickers · Gyms · People · RSS · School of Rock · Contact · About
Terms · Privacy © 2017 Adventure Projects, Inc.