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Aurora Fashions
Aurora Fashions was a holding company of several retail fashion brands, formed in 2009 to purchase a number of businesses from the collapsed Mosaic Fashions. The company operated over 1,250 stores in 38 countries, including franchises, under the Oasis, Warehouse and Coast brands. History In March 2011, the company announced plans to spin off Karen Millen, which was completed in 2012. Karen Millen was separated from the group to be owned by Aurora's parent Kaupthing Bank. Aurora announced further plans in March 2013 for a wider restructuring. As part of this, Coast was also separated from the rest of the group, under the ownership of Kaupthing, and it was planned that Oasis and Warehouse A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the rural–urban fringe, out ... would be merged under a new single parent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mosaic Fashions
Mosaic Fashions hf was a holding company listed on the Icelandic stock exchange that owned several fashion brands. At its peak it had over 2,000 stores worldwide, as concessions, franchises and joint venture stores. History Oasis The Oasis stores started in 1991, and in 1995 Oasis Stores Plc. was floated on the London Stock Exchange. In April 1998, Oasis purchased the Coast stores. In September 2001, the management team of Oasis Stores Plc acquired the company via Sierra Acquisitions Ltd., supported by PPM Ventures. Sierra Acquisitions Ltd. later became a part of Sierra Holdings Ltd. On 16 April 2020, it was announced that both Oasis and Warehouse had fallen into administration. On 30 April 2020, the administrators announced that they had failed to find a buyer for both stores with the loss of 1,800 jobs. The brand was later bought by Boohoo Group (now Debenhams Group). Mosaic Fashions In November 2003, Oasis and Coast were acquired from PPM Ventures by a secondary man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iceland
Iceland is a Nordic countries, Nordic island country between the Atlantic Ocean, North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is culturally and politically linked with Europe and is the region's westernmost and most list of countries and dependencies by population density, sparsely populated country. Its Capital city, capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents (excluding nearby towns/suburbs, which are separate municipalities). The official language of the country is Icelandic language, Icelandic. Iceland is on a rift between Plate tectonics, tectonic plates, and its geologic activity includes geysers and frequent Types of volcanic eruptions, volcanic eruptions. The interior consists of a volcanic plateau with sand and lava fields, mountains and glaciers, and many Glacial stream, glacial rivers flow to the sea through the Upland and lowland, lowlands. Iceland i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fashion
Fashion is a term used interchangeably to describe the creation of clothing, footwear, Fashion accessory, accessories, cosmetics, and jewellery of different cultural aesthetics and their mix and match into Clothing, outfits that depict distinctive ways of dressing (Style (visual arts), styles and trends) as signifiers of social status, Self-expression values, self-expression, and group belonging. As a multifaceted term, fashion describes an Clothing industry, industry, fashion design, designs, Aesthetics (textile), aesthetics, and trends. The term 'fashion' originates from the Latin word 'Facere,' which means 'to make,' and describes the manufacturing, mixing, and wearing of outfits adorned with specific cultural aesthetics, patterns, motif (textile arts), motifs, shapes, and cuts, allowing people to showcase their group belongings, values, meanings, beliefs, and ways of life. Given the rise in mass production of Commodity, commodities and clothing at lower prices and global rea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clothing
Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head, and underwear covers the intimate parts. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, and insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold or hot conditions, and it can provide a hygienic barrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaupthing Bank
Kaupthing Bank (, ) was a major international Icelandic bank, headquartered in Reykjavík, Iceland. It was taken over by the Icelandic government during the 2008–2011 Icelandic financial crisis and the domestic Icelandic-based operations were spun into a new bank ''New Kaupthing'', which was subsequently renamed Arion banki, Arion Banki. All the non-Icelandic assets and debts remained with the now defunct Kaupthing Bank. Prior to its collapse, it also allegedly loaned money to various parties with the purpose of buying Kaupthing shares. Prior to its collapse, Kaupthing Bank operated in thirteen countries, including all the Nordic countries, the Netherlands, Belgium, Luxembourg, Switzerland, the United Kingdom and the United States. It was the seventh-largest bank in the Nordic Region, Nordic countries in terms of market capitalization. The bank had employed over 3,300 people with 36 retail Branch (banking), branches in Iceland. As of 31 December 2007, the bank had a total asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oasis (clothing)
Mosaic Fashions hf was a holding company listed on the Icelandic stock exchange that owned several fashion brands. At its peak it had over 2,000 stores worldwide, as concessions, franchises and joint venture stores. History Oasis The Oasis stores started in 1991, and in 1995 Oasis Stores Plc. was floated on the London Stock Exchange. In April 1998, Oasis purchased the Coast stores. In September 2001, the management team of Oasis Stores Plc acquired the company via Sierra Acquisitions Ltd., supported by PPM Ventures. Sierra Acquisitions Ltd. later became a part of Sierra Holdings Ltd. On 16 April 2020, it was announced that both Oasis and Warehouse had fallen into administration. On 30 April 2020, the administrators announced that they had failed to find a buyer for both stores with the loss of 1,800 jobs. The brand was later bought by Boohoo Group (now Debenhams Group). Mosaic Fashions In November 2003, Oasis and Coast were acquired from PPM Ventures by a secondary man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse (clothing)
Warehouse was a British clothing retail chain, founded in 1976. Warehouse was owned by Aurora Fashions, as were women's fashion brands Coast and Oasis. In November 2016, the administrator for Aurora Fashions, Kaupthing Bank, placed the retailers up for a £100 million sale. On 16 April 2020, it was announced that both Warehouse and Oasis had fallen into administration. On 30 April 2020, it was announced that administrators had failed to find a buyer with the loss of 1,800 jobs. In June 2020, the Warehouse brand, assets and stock, along with those of the Oasis chain, were acquired by online retailer Boohoo Group (now Debenhams Group), reuniting Warehouse with former sibling Coast, acquired by Boohoo as part of a separate takeover of the Karen Millen Karen Millen is a brand owned by Debenhams Group. The brand specialises in tailoring, Coat (clothing), coats and evening gown, evening wear. It was acquired in 2019 following the collapse of Karen Millen Fashions Ltd, a company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coast (clothing)
Coast is a British women's clothing retail chain, founded in 1996. Coast was owned by Aurora Fashions, along with fashion brands Warehouse (clothing), Warehouse and Oasis. Aurora in turn was owned by the Icelandic Kaupthing Bank, and had been in administration for some time, with the administrators looking for potential buyers, with a possible valuation of not more than £100 million for Coast, Warehouse, and Oasis reported in November 2016. In April 2017, ''The Daily Telegraph'' reported that the three brands employ up to 5,000 people and were attracting interest from private equity, who would likely close some of the stores. ''Retail Week'' speculated that the future for brands like Coast will be in department store concessions and online, rather than stand-alone stores. In 2016, Coast had a pre-tax profit of £1.3m, following a pre-tax loss of £10.8m in 2015. As of September 2017, they had 20 stand-alone stores in the UK, five in Ireland, two in Kuwait, and two in the UAE, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karen Millen
Karen Millen is a brand owned by Debenhams Group. The brand specialises in tailoring, Coat (clothing), coats and evening gown, evening wear. It was acquired in 2019 following the collapse of Karen Millen Fashions Ltd, a company that operated a chain of clothing stores in many countries worldwide. The company was originally founded in 1981 by British entrepreneur fashion designer Karen Millen. She sold it in 2004 and was not subsequently involved in businesses bearing her name. Company founding and growth English fashion designer Karen Millen studied fashion at the Medway College of Design, now known as University for the Creative Arts. She founded the Karen Millen company in 1981, partnered with Kevin Stanford. With a loan of £100, the pair bought one thousand metres of white cotton and began manufacturing and selling white shirts to their friends. A party-plan network followed, and in 1983, they opened their first store in Maidstone, Kent, which was followed a few years later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clothing Retailers Of Iceland
Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head, and underwear covers the intimate parts. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, and insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold or hot conditions, and it can provide a hygienic barrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
