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Alteri among firms circling Oasis, Warehouse and Coast

For-sale womenswear retailers Oasis, Warehouse and Coast have caught the interest of a number of private equity firms, including Alteri Investors, according to reports.

Warehouse

Warehouse

Warehouse spring 17

As reported by Drapers last week, holding company Aurora Fashion Group, which is majority owned by the administrators of now-defunct Icelandic bank Kaupthing, has appointed professional services firm PwC to explore options to sell the three retailers.

Sources told the Mail on Sunday they are likely to be sold as a group because they share many head office operations.

Turnaround firm Alteri has previously acquired Austin Reed Group, Jones Bootmaker and Brantano in the UK, among other fashion and footwear retailers.

Readers' comments (1)

  • There are stonger investment companies than Alteri, who will invest and assist the brand to its former glory. I hope they don't get a chance to rip it apart.

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