BREAKING: DW Sports to go into administration putting 1,700 jobs at risk
SPORTS retailer and gym group DW Sports is set to fall into administration, putting 1,700 workers at risk of losing their jobs.
The company 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. The administrators intend to support employees, customers and gym members as far as possible while they look to secure a buyer or buyers for some or all of the DW Sports portfolio.
"Like many other retail businesses, the consequences of this extremely challenging operating market have created inevitable profitability issues for DW Sports.
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