Wednesday, June 29, 2022

Frasers says it will strengthen its gym and fitness business Everlast with latest acquisition.

Mike Ashley Frasers Group Dave Whelan acquisition DW Sports Sports Direct administration acquisition

Frasers Group has acquired rival Dave Whelan Sports. Mike Ashley’s retail empire paid £37m for the sports and gym business. Frasers will spend up to £6.9m on stock from DW Sports gyms.

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