Tuesday, April 14, 2020

Oasis and Warehouse close to collapsing into administration

About 2,300 jobs at risk as coronavirus crisis hindered chance of finding a buyer

The fashion chains Oasis and Warehouse are set to collapse into administration as early as Tuesday, putting some 2,300 jobs at risk.

The advisory firm Deloitte is lined up to handle the insolvency process for the retail chains, which, until the coronavirus lockdown, operated 90 standalone stores and more than 400 concessions in department stores including Debenhams and House of Fraser.

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from Fashion | The Guardian https://ift.tt/34COcKR
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