What’s the most you’ve ever spent on a watch? A few hundred pounds? A few thousand perhaps? Well how about between £150,000 and £170,000. And yes, that is three zeros you can see so don’t book an eye test just yet.
David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.