On the eve of its semi-annual results, the company celebrated the reopening of its Milanese flagship. FashionNetwork.com analyses the event that reveals the intricacies within the omnichannel retail giant.
The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.
With turnaround specialists Endless and Alteri reportedly hoping to buy Aurora Fashion Group, there are fears that its three chains - Oasis, Warehouse and Coast - could see mass store closures after a deal is done.
E-tail and mail order retailer Joe Browns has named a new chairman as it prepares to open the first in a series of retail stores. Current chairman Peter Higgins is stepping down and handing over to Derek Lovelock.
Administrators for failed Icelandic bank Kaupthing are looking to sell off British high street retailers including Coast, Oasis and Warehouse which employ thousands of people, four sources familiar with the matter said.