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Eastern Mountain Sports owner (Vestis Group) filing for bankruptcy
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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
1,860 points
May 8, 2016
mountainproject.com/v/sports-c... FrankPS
From Atascadero, CA
Joined Nov 19, 2009
284 points


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