Boohoo snaps up Oasis and Warehouse online\, hailing strong lockdown sales

Boohoo snaps up Oasis and Warehouse online, hailing strong lockdown sales

Belfast Telegraph Wednesday, 17 June 2020 ()
Fashion retailer Boohoo has snapped up the online businesses of collapsed chains Oasis and Warehouse for £5.3 million as it upped its profit outlook thanks to resilient trading amid the lockdown.
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News video: Real Sales Figures Cut Hopes Of A US Retail Rebound Off At The Knees

Real Sales Figures Cut Hopes Of A US Retail Rebound Off At The Knees 00:38

 The novel coronavirus COVID-19 virtually destroyed US retail activity this spring, as Americans simultaneously turned to online shopping and lost their jobs. The easing of lockdown restrictions and strong April sales figures are fueling hopes of a rebound, as cooped-up shoppers flock to brick and...