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DW Sports falls into administration , putting 1,700 jobs at risk

DW Sports falls into administration , putting 1,700 jobs at risk

Sports retailer and gym group DW Sports said it would go into administration, which would put 1,700 jobs at risk. It is expected to appoint insolvency specialists as its income was wiped out by the lengthy closure of stores & gyms during the Covid-19 lockdown. The firm, founded by former Wigan Athletic owner Whelan, ran 73 gyms & 75 shops across UK but decided to shut 25 of its outlets last month.

Milan
Milan
Top in Business