NEW YORK — Dick’s Sporting Goods’ purchase last week of Galyan’s Trading Corp. is the latest in a recent series of consolidations in the highly fragmented sporting goods industry — and the pace is expected to continue.

“There is definitely more consolidation on the horizon, both among sport vendors and retailers,” said analyst Jim Duffy of Thomas Wiesel Partners. “It’s a very fast way for a company to expand their store base and it allows companies to leverage expenses. Also, as retailers consolidate, vendors need to be stronger in order to supply them properly.”

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus