Is DW Fitness First Closing down?
” Fitness First, its sister company is said to be unaffected by the administration and will continue with its 43 gyms as a separate firm. The administrators intend to support employees, customers and gym members as much as possible whilst they seek a buyer (s) for some or all of the DW Sports portfolio.
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.
Why did DW Sports Fail?
“As a consequence of Covid-19, we found ourselves in a position where we were mandated by government to close down both our retail store portfolio and our gym chain in its entirety for a protracted period, leaving us with a high fixed-cost base and zero income,” chief executive Martin Long said.
Who owns DW Fitness First?
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.
Is the DW closed?
DW Sports 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.
Who owns JD gym?
In 2014, JD Sports Fashion PLC carved its footprint in the fitness industry with the creation of JD Gyms. Wholly funded by the PLC, investing an average of £1.5m per site, JD Gyms is making waves and raising the bar within the low cost fitness market.
What’s happening with DW gyms?
David Whelan’s retail and fitness business DW Sports collapsed into administration this month and was bought by hungry high street acquisition king Mike Ashley.
When did DW Sports close?
2020 administration The 43 gyms operating under the Fitness First brand would be unaffected by the administration as they are operated within a separate company. The website closed with immediate effect on 3 August and closing down sales started in their stores on the same day.
How many DW gyms are there in the UK?
73 gyms
DW Sports operated 73 gyms and 75 stores in the UK.
Are JD Gyms owned by JD Sports?
JD Sports owns a range of high street brands including Blacks, Millets, Kooga, Bank and Scotts. Retail megabrand JD Sports has announced its entry into the gym market with the launch of the new JD Gyms brand.
Who is the CEO of JD Gyms?
Alun Peacock – Managing Director – JD Gyms | LinkedIn.
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) |