298
Fashion Jobs
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
Published
Oct 18, 2018
Download
Download the article
Print
Text size

Oasis and Warehouse under pressure as credit insurer pulls cover

Published
Oct 18, 2018

Fashion brands Oasis and Warehouse have seen a string of credit insurers stop offering cover to their suppliers amid concerns over the financial health of the businesses.


Oasis


Last week’s collapse of occasion wear brand Coast, previously owned by the same parent company Aurora Fashions, is understood to have triggered the decision, reported the Evening Standard.

Credit insurers including Atradius, Coface and Euler Hermes have abandoned the high street fashion brands in a move that will likely put a strain on their cash reserves. Credit insurance is designed to protect suppliers against trade credit risks such as a customer's failure or inability to pay an invoice, and without it, suppliers can demand payment upfront.

The news comes during a week of changes at Oasis and Warehouse with CEO Liz Evans announcing she is leaving the companies to join fashion rival FatFace. Evans will be replaced by Hash Ladha, who will be promoted from chief operating officer to chief executive.

Coast was acquired by Karen Millen immediately after falling into administration on Thursday, but its retail stores were not included in the deal, resulting in the closure of 24 stores and the loss of 300 jobs.

Under Karen Millen, it will trade primarily through various websites, in concessions across the UK and via wholesale and franchise partners.

Copyright © 2024 FashionNetwork.com All rights reserved.