.
                                                                               .
                                                                               .

                                                                    Exhibit 21.1

                         SUBSIDIARIES OF THE REGISTRANT



Name of Subsidiaries                        Jurisdiction of              Trade Name
                                            Incorporation
- --------------------------                  --------------------         ----------------------------
                                                                   
1.   Dover Saddlery, Inc.                      Massachusetts             "Dover" and "Dover Saddlery"

2.   Smith Brother, Inc.                       Texas                     "Smith Brother" and "Smith Brothers"

3.   Dover Saddlery Retail, Inc.               Massachusetts                 N/A

4.   Old Dominion Enterprises, Inc.            Virginia                  "Dominion Saddlery" and "Dominion"