Warehouse news and archive

Oasis and Warehouse appoint Hash Ladha as its new CEO

Oasis and Warehouse Group have announced that Liz Evans, CEO will be leaving the Group after five years in the role. Current COO Hash Ladha, the company added, has been appointed CEO designate with immediate effect and will become CEO when Evans departs next year. Commenting on the development, Johann Petur Reyndal, board director said in a...

Report

Oasis, Warehouse report rise in annual profits

Amid the challenging retail conditions, owner of the Oasis and Warehouse fashion brands reported like-for-like sales increase of 5 percent, while joint EBITDA jumped 48 percent year to 9.5 million pounds (12.5 million dollars) driven by investments made in its digital activities, reports Retail Gazette. The company attributed its return to...

Report

Warehouse, Coast and Oasis share gender pay gap data

London - Oasis, Warehouse, and Coast are the latest high street fashion retailers to publicly share their gender pay gap information ahead of the government deadline of April 4. Over at Coast, women’s mean hourly rate was 71 percent lower than their male counterparts - meaning women only earn 29p for every 1 pounds that men earn when comparing...

Report|UPDATE

UPDATE: Oasis, Warehouse & Coast sale cancelled

London - The much-awaited sale of high street womenswear retailers Oasis, Warehouse and Coast has been called off by its owners Icelandic bank Kaupthing after reportedly failing to stir up sufficient buyer interest. Kaupthing is understood to have withdrawn from the sale process after the only remaining bidder was Emerisque Brands, a private...

Report

Emerisque Brands reportedly eyes up Oasis, Warehouse and Coast

London - High street fashion retailers Oasis, Warehouse, and Coast are reportedly being eyed up by Indian entrepreneur Ajay Khaitan. Khaitan’s private equity firm, Emerisque Brands, is said to be in exclusive talks to take over the three fashion retailers from Icelandic bank Kaupthing for 60 million pounds according to a report from The Sunday...

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Edinburgh Woollen Mill owners sets his sights on Oasis, Coast & Warehouse

London - Philip Day, the owner of Edinburgh Woollen Mill Group (EWM) is said to have set his sight on acquiring womenswear retailers Warehouse, Oasis and Coast as he looks to expand EWM portfolio. Day is thought to be after the three brands held by Icelandic bank Kaupthing, which were officially put up for sale last November, according to The...

Report

Alteri Investors said to be eyeing up Coast, Warehouse and Oasis

London - A number of private equity groups are said to have shown interested in buying high street fashion brands Coast, Warehouse and Oasis - including Alteri Investors. A potential sale of the three fashion brands, also known as the Aurora Fashion Group, comes not long after news emerged the group had appointed PwC to conduct “strategic review...

Report

Could Coast, Warehouse and Oasis be up for sale?

London - Administrators for collapsed Icelandic bank Kaupthing are reportedly seeking to sell off British high street retailers Coast, Warehouse and Oasis. The administrators are also said to be exploring options for higher-end market fashion brand Karen Millen. The potential sale of the fashion labels, which currently employ thousands of people...

Management

Sports Direct apologies for "serious shortcomings" following review

The board of Sports Direct has apologised for "serious shortcomings" highlighted in a review into its working practices published this morning. The sportswear giant will work to ensure all warehouse employees are paid more than the national minimum wage and that casual retail workers are given guaranteed hours over zero-hour contracts. The...

Trends

Philli Wood x Warehouse

Warehouse and the British Fashion Council’s Colleges Council has launched its latest emerging designer collection with University of Westminster graduate, Philli Wood. This is the fifth year of Warehouse’s search for new fashion design talent and Wood was chosen as the winner by a panel of judges which included the retailer’s design director...

Fashion

Aurora Dual- branded stores mirror Europe

“Thanks to the Internet, the UK customer is getting more used to the multi-brand spaces, so this seems to be a good moment to see if this can work as it does in the rest of Europe.” Mike Shearwood, Chief Executive of Aurora Fashions, explains to FashionUnited that joint stores are quite common in Continental Europe and that he sees an...