warehouse news and archive

Same item, different prices: Boohoo faces retail discrepancies

Online retail giant Boohoo is plagued by price discrepancies across its brand portfolio, despite items being the same. Research by the BBC found same items of clothing sold for various prices across its fashion labels, including a puffer coat that was 34 pounds more expensive at Coast than at Dorothy Perkins. Both brands are owned by Boohoo, as...

2 Apr 2021

Fashion

Ex-Warehouse executives launch new sustainable brand Albaray

Three former Warehouse executives are launching a new sustainable womenswear brand from April, called Albaray. First revealed byJohn Lewis in Februaryas one of its new 50 fashion and beauty brands, Albaray will launch with a selection of dresses, separates and loungewear. Albaray is a sustainable start-up founded by chief executive Paula...

15 Mar 2021

Business

Plans to convert retail space into logistics centres struggle to take off

With hundreds of stores closing their doors to customers for good at a pace never seen before, the retail space available has reached uncharted levels. While this wave of retail stores closures started over a year ago, the unstoppable advance of coronavirus has proven the deadly kiss to commercial property worldwide. In the past few months,...

17 Nov 2020

Business |ANALYSIS

Boohoo pays 5.25 million pounds for Oasis and Warehouse online businesses

New York – British online fashion retailer Boohoo Plc. has announced it agreed to pay 5.25 million pounds to take over the online businesses of the Oasis and Warehouse chains. Boohoo said Oasis and Warehouse would be integrated into its online platform. The brands generated 47 million pounds in revenues in the year to the end of February. Both...

17 Jun 2020

Business

Oasis and Warehouse seek new buyer

Womenswear retailers Oasis and Warehouse are reportedly back up for sale. The chains' owner, Icelandic lender Kaupthing, has appointed administrators from Deloitte to hold talks with potential buyers in the last few days, Sky News reports. The news comes after the UK government ordered all ‘non-essential’ stores - including fashion stores - to...

25 Mar 2020