“My father was in charge of manufacturing for 45 years here and never ever wanted anyone in our factory,” chuckled Nadja Swarovski after opening the doors of the family's famed crystal-making plant in the Austrian Alps.
On the eve of its semi-annual results, the company celebrated the reopening of its Milanese flagship. FashionNetwork.com analyses the event that reveals the intricacies within the omnichannel retail giant.
The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.
With turnaround specialists Endless and Alteri reportedly hoping to buy Aurora Fashion Group, there are fears that its three chains - Oasis, Warehouse and Coast - could see mass store closures after a deal is done.
Administrators for failed Icelandic bank Kaupthing are looking to sell off British high street retailers including Coast, Oasis and Warehouse which employ thousands of people, four sources familiar with the matter said.