Boohoo has snapped up the online businesses of collapsed chains Oasis and Warehouse for £5.3 million. Oasis Warehouse Limited was placed in administration in April, with the loss of more than 1,800 jobs after a buyer could not be found for the 92 shops and 437 concessions at department stores located across the UK.Boohoo announced the deal as it unveiled "very strong" trading despite the coronavirus crisis, with UK sales surging 30 per cent in the three months to May 31.
Boohoo, which also bought Karen Millen and Coast's online businesses from administrators last summer, said it would integrate the Oasis and Warehouse online operations into its platform in the coming months.
Read more on dailyrecord.co.uk
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