DW Sports ran more than 70 gyms when it fell into administration earlier this monthMike Ashley has tabled a bid for the collapsed store and fitness chain of his greatest corporate rival — potentially landing a final blow in one of retailing’s longest-running feuds. A move by the tycoon for Dave Whelan’s DW Sports would be one of his more strategic moves, after spending the past five years acquiring a string of stakes in non-sportswear retailers, ranging from Sofa.com to Agent Provocateur, the lingerie chain. Dave Whelan founded JJB Sports in the 1990s and was chairman of Wigan Athletic after his playing career ALAMYMr Ashley’s Frasers Group, formerly known as Sports Direct, has offered £30 million for the business, The Sunday Times reported yesterday, higher than the £20 million price put on the business by BDO, the administrator. DW Sports collapsed this month, prompting speculation that Mr Ashley would take the opportunity to move in with

Source: The Times August 16, 2020 23:03 UTC