High Streets Initiative · 16 April 2020

NEWS: Oasis and Warehouse fall into administration during COVID-19

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Endemic retail conditions have triggered another death on the British high street as fashion brands Oasis and Warehouse file for administration, seeing a loss of 200 jobs.

The two well known high street fashion brands are seeking advisory help from financial firm Deloitte as they plunge into administration.

Oasis and warehouse LTD, which is a company ownedby Icelandic lender Kaupthing, could see 1, 800 jobs at risk while 200 have been lost indefinitely.

The fashion brand currently has 92 standalone stores and more than 400 concessions in department stores including Selfridges and House of Fraser, (which are currently shut in compliance with the Government’s lockdown measures due to the coronavirus crisis.)



Laura is the Junior Reporter at Real Business and Business Advice. She's the first point of call for any PR, business owner or industry insider looking to tell a story of entrepreneurial inspiration, retell some key advice, or a ground-breaking news story. She is the core ambassador for the brand(s) and can be found attending high profile events and meeting disruptive business owners across London and beyond.

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