Sign up to FREE email alerts from Mirror - The Coronavirus Briefing Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid EmailHigh-street fashion chains Oasis and Warehouse have collapsed into administration, placing 2,300 jobs at risk. The collapse comes just three weeks after The Oasis and Warehouse Group - owned by failed Icelandic lender Kaupthing - started discussions with prospective buyers. 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. Rob Harding, joint administrator at Deloitte, added: "Covid-19 has had a devastating effect on the entire retail industry and not least the Oasis Warehouse group. Just last week, Britain's oldest department store Debenhams announced it had crashed into administration for the second time this year.

Source: Daily Mirror April 15, 2020 15:42 UTC