More than 1,800 staff at Oasis and Warehouse to lose their jobs as administrators ruled out rescue for owners

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Lancashire moves into Tier Three

More than 1,800 staff at Oasis and Warehouse will lose their jobs as administrators ruled out a rescue package for owners, Icelandic bank Kaupthing.

The firm also has 437 concessions in department stores including Debenhams and Selfridges.

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Earlier this month, accountancy firm Deloitte was appointed to handle an insolvency process.






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