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Oasis Stores, the fashion retailer, has been acquired by Baugur of Iceland for £152m.
Oasis is planning to expand its chain of fashion concessions from 29 to 45 over the coming weeks, with a further 30 being added next year.
Oasis, the fashion retailer, is to undergo a £54m management buy-out backed by PPM Ventures.
Oasis, the fashion retailer, is planning to open six branches in the second half, including its largest outlet on London's Argyll Street.
Oasis is acquiring Coast, the womenswear retailer with 35 outlets, for £0.8m.