Oasis and Warehouse to close permanently, with loss of 1,800 jobs

Oasis and Warehouse are to permanently close all their stores and online shopping with the loss of more than 1,800 jobs after administrators said they had been unable to secure a rescue deal for the fashion chains.

The two brands have been sold to the restructuring firm Hilco, the owner of the Homebase DIY chain, in a deal which includes their stock but not their 92 standalone stores or about 400 concessions across outlets including Debenhams, House of Fraser and Sainsbury’s.

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