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Frasers Group acquires DW Sports

Mike Ashley’s Frasers Group has acquired DW Sports out of administration. The company, which owns brands Sports Direct, House of Fraser, Jack Wills and Evans Cycles, among others, said it has acquired “certain” assets of DW Sports for an initial cash consideration of 37 million pounds. Frasers Group said it could pay up to 6.9 million pounds...

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Fashion

What’s next for JJB Sports: new owner, different name

Sports Direct has been forced to return JJB stores to administrators as the former was unable to complete deals on 14 out of 20 stores, after acquiring them in October. Meanwhile, Dave Whelan owned DW Sports has taken on several former JJB Sports stores across the UK. According to ‘Property week’, Mike Ashley's Sports Direct has returned most of...

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