Can Mike Ashley’s Frasers Group turn DW Sports around?
On Monday, DW Sports joined the likes of Jack Wills, Evans Cycles, Sofa.com, Game and House of Fraser in Mike Ashley’s recent spate of retail acquisitions.
Less than two weeks after Frasers Group – of which Ashley is the majority owner – initially placed a bid on DW Sports, it acquired certain assets from its competitor for £37 million. Administrators from BDO said 43 of DW Sports’ 73 gyms and 31 of its 50 shops had been transferred to the Frasers Group retail empi
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