August 21, 2017 2:34 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Oasis Fashions Limited

Company Overview

Oasis Fashions Limited manufactures and sells clothing and accessories for women. It offers dresses, coats and jackets, tops, knitwear, skirts, trousers and shorts, suede and leather, denim, petites, occasion wear, workwear, and swimwear; bags, scarves and wraps, tights and socks, watches, and accessories; and footwear that include boots, flat shoes, heels, and sandals. The company sells its products through stores in the United Kingdom and internationally, as well as online. Oasis Fashions Limited was founded in 1991 and is based in London, United Kingdom. Oasis Fashions Limited operates as a subsidiary of Oasis Fashions Holdings Ltd.

Telephone House

69-77 Paul Street

London,  EC2A 4PN

United Kingdom

Founded in 1991

Phone:

44 20 7452 1000

Fax:

44 20 7452 1001

Key Executives for Oasis Fashions Limited

Oasis Fashions Limited does not have any Key Executives recorded.

Oasis Fashions Limited Key Developments

Philip Day Reportedly Mulls Coast, Oasis And Warehouse Bid

Philip Day is understood to be considering a bid for struggling British fashion chains Coast Fashions Limited, Oasis Fashions Limited and Warehouse Fashions Limited, which were put up for sale by Kaupthing hf. in 2016. Day is said to be pursuing a deal for all three companies, which are being marketed together, according to The Times. Other interested parties are said to include Alteri Partners LLP (Alteri Investors) and The Foschini Group Limited (JSE:TFG) and Truworths International Limited (JSE:TRU). Kaupthing hf. put Coast, Oasis and Warehouse on the market in November 2016. The brands were put on sale with a price of around £100 million, but sources believe they may fetch less than half that as the UK high street battles with weak wage growth and sterling-related inflation. The brands are said to have garnered interest of between £35 million and £55 million, with Day likely to put the brands into his Days department store chain if his bid is successful.

Kaupthing To Put UK's Oasis, Coast And Warehouse Up For Sale

Administrators for failed Icelandic bank Kaupthing hf. are reportedly looking to sell off British high street retailers including Coast Fashions Limited, Oasis Fashions Limited and Warehouse Fashions Limited which employ thousands of people, four sources familiar with the matter said. The administrators are also looking at options for the more upmarket Karen Millen Fashions Limited, two of the sources said. Kaupthing invited banks to pitch late in October 2016, for a mandate to auction the retail assets early 2017, the sources said, but could face a tough sell. A sale of Oasis, Warehouse and Coast could be worth less than £100 million, two of the sources told Reuters. One of them said it might draw interest from private equity funds. Kaupthing, which filed for bankruptcy in 2008 and whose former executives were charged with fraud, did not respond to requests for comment, while the retailers were not immediately available for comment.

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