Eastern Mountain Sports news and archive

Mountain Warehouse secures $10 million rescue deal for Eastern Mountain Sports

Outdoor apparel retailer Mountain Warehouse has secured a deal to acquire the main assets of bankrupt Eastern Mountain Sports (EMS). The UK retailer has agreed to pay 5 million USD for the New England retailer EMS brand, website, and seven profitable stores. In addition, Mountain Warehouse is set to pay another 5 million USD more for other...

Business

Mountain Warehouse makes bid for Eastern Mountain Sports assets following bankruptcy

Outdoor apparel retailer Mountain Warehouse has emerged as the stalking horse bidder in an acquisition process of bankrupt Eastern Mountain Sports (EMS), leading to the possible closure of a number of the latter’s stores. Mountain Warehouse did confirm that if the alliance was to go ahead it would continue to operate seven stores under the EMS...

Business

Frasers Group sells US retailers Bob’s Stores and Eastern Mountain Sports

Frasers Group has sold US retailers Bob's Stores and Eastern Mountain Sports (EMS) to GoDigital Media Group for 70 million dollars. The British fashion group acquired the two discount sportswear retailers out of bankruptcy in 2017. In a brief statement on Friday, the group said: “The Bob’s and EMS store estate does not include any of the new...