High Street fashion chains Oasis and Warehouse have collapsed into administration – becoming the latest big names to fail during the coronavirus lockdown.
Around 2,000 workers across 92 stores and 437 concessions are affected, although administrators said the majority will be furloughed for now.
But 200 were made redundant on Wednesday by Deloitte, as administrators try and find a buyer. Online trading continues "in the short term", the company added.
Hash Ladha, chief executive of Oasis Warehouse, said: "This is a situation that none of us could have predicted a month ago, and comes as shocking and difficult news for all of us. "We as a management team have done everything we can to try and save the iconic brands that we love." The
Read more on dailystar.co.uk
Celebsbar.com is a large online platform sharing celebrity gossip and latest showbiz news. Exclusive interviews, fresh photos and videos, breaking news, scandals and more is waiting for you here.
Stay tuned to know everything you wish about your favorite stars 24/7.
Check our daily updates and make sure you don't miss anything about celebrities' lives.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.