Oasis and Warehouse ‘close to administration’

High street fashion chains Oasis and Warehouse are reportedly close to entering administration, putting thousands of jobs at risk.

The Oasis and Warehouse Group, which runs nearly 90 outlets across the UK and hundreds of concessions in bigger stores, is on the verge of appointing advisory firm Deloitte as administrators, according to Sky News.

The group is owned by failed Icelandic bank…

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