Who owns DW Fitness First?
Frasers Group
Mike Ashley’s Frasers Group has acquired the gym and fitness chain DW Sports in a deal potentially worth up to £44m, but only half of the company’s jobs have been saved.
What is DW Fitness now called?
Everlast Fitness Clubs
Sports Direct parent company Frasers Group has bought the gyms business of DW Sports out of administration for £37 million and will rebrand them as Everlast Fitness Clubs. The company – full name Dave Whelan Sports – was declared insolvent in August and BDO appointed to manage its assets.
What happened to DW Fitness First?
DW Sports is going into administration saying it’s working to save its 73-strong gym portfolio. HCM understands administrators will be appointed this afternoon. Fitness First remains a separate company and its 43 clubs are unaffected.
Who owns Fitness First in Australia?
Fitness First
Fitness & Lifestyle Group Topco Pty Ltd
Fitness First Australia/Parent organizations
Is DW shut down?
DW Sports is a sports retailer and gym group. The firm, founded by Wigan Athletic owner David Whelan, has 73 gyms and 75 shops around the UK but announced plans to shut 25 of its outlets last month. Its retail business will now wind down for good, with its website ceasing trading immediately.
Are DW gyms closing?
DW Sports, a gym and sports retailer, has said it will enter administration, putting 1,700 jobs at risk. All of its stores are to close, but DW said it would work with administrators BDO to save as many gyms as possible.
Is DW Sports still trading?
Is Fitness First Global?
Fitness First is an international fitness centre brand founded in 1993 in the United Kingdom. The company owned and operated its clubs around the world, until financial pressures saw parts of the company sold off to various owners in different regions between 2016 and 2017.
How many Fitness First gyms are there in the world?
Fitness First is one of the world’s leading health and fitness companies owned and operated by Landmark Group, a leading retail organization in the Middle East and India. We have over 70,000 members in over 60 clubs across 50 locations across the UAE, Bahrain, Qatar, Saudi Arabia, Jordan, and Kuwait.
Did DW go bust?
Sports retailer and gym group DW Sports has fallen into administration and appointed BDO as its administrator. The company has said it will now wind down its retail business for good, with its website ceasing trading with immediate effect and closing-down sales starting at its 50 remaining stores.
How many DW Sports stores are there?
It is understood that 922 jobs out of 1,700 were saved by Frasers Group….DW Sports Fitness.
DW Sports Store and Fitness Club, Cambridgeshire | |
---|---|
Number of locations | 73 gyms (43 branded as Fitness First) 75 stores (all closing) |
Key people | Dave Whelan |
Products | Sporting goods |
Revenue | £139.4 million |
Does Dave Whelan own DW Sports?
DW Sports, which is owned by Wigan Athletic owner Dave Whelan, operates 73 gyms and 75 retail sites across the UK.