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Bankruptcy Bug Bites Euro Retailers Oasis, Warehouse and MQ

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The COVID-19 outbreak is proving the mantra of Darwinian theory that only the fittest survive. This week, British fashion retailers Oasis and Warehouse have fallen into administration—the U.K. equivalent of filing for bankruptcy—just one week after fellow U.K.-based chain Debenhams filed for the second time in a year’s span. Oasis and Warehouse have laid off…

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