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oasis to get principles

oasis to get principles

By Piers Fawkes on June 26, 2006

The owner of the Karen Millen and Oasis fashion chains has agreed to buy Rubicon, the parent company of Warehouse and Principles, in a £353 million deal that will create one of the UK’s biggest fashion empires, the Times reports. The group would have total sales of £818.5 million from 1,700 stores across 27 countries.

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Piers Fawkes is the founder and editor-in-chief of PSFK, a daily news site that acts as the go-to source of new ideas and inspiration.

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