Is DW gym closing down?
Is DW gym closing down?
A number of jobs will be saved though the number confirmed has not yet been announced. DW Sports falls into administration, putting 1,700 jobs at risk. The unprecedented coronavirus and its lockdown impacted the company through its lengthy closure of stores and gyms, wiping out its income.
Are all DW Sports stores 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.
What is DW gym called now?
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.
When did DW Sports close?
In June 2020 the company announced that 25 retail stores would be closing down as a result of the COVID-19 pandemic and lockdown. On 3 August 2020 it announced that it was to enter administration with all stores eventually closing, and that it was working with the administrators to save some of the gyms from closure.
Who owns Fitness First gyms?
Fitness First
| Type | Private |
|---|---|
| Area served | 17 countries |
| Key people | Oren Peleg, CEO |
| Services | Health and wellness services |
| Owner | The Gym Group and GLL (UK) Evolution Wellness (Asia) Fitness and Lifestyle Group, a division of Quadrant Private Equity (Australia) Landmark Group (Middle east) |
What happened to DW Sports?
3 August: DW Sports fell into administration, closing its retail website immediately and risking the closure of its 150 gyms and shops. 20 July: The high street stalwart cuts management jobs in stores as well as head office roles related to property and store operations.
How many DW Fitness gyms are there?
73 gyms
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 still own DW Sports?
A considerable number of its locations were then purchased by Frasers Group, who turned them into Everlast Fitness Club and Sports Direct locations, whilst some Fitness First locations would continue….DW Sports Fitness.
| DW Sports Store and Fitness Club, Cambridgeshire | |
|---|---|
| Headquarters | Wigan, Greater Manchester, England |
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.
How much is Fitness First worth?
It is understood to be worth about $800 million. The Financial Review’s Street Talk column revealed Quadrant’s plans to acquire Fitness First on September 18.
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.
