Oasis owner reports lacklustre sales

The owner of the Oasis and Karen Millen brands rued the lack of a “must-have” fashion look today as it reported sluggish sales in the year so far.

Mosaic Fashions, which also has the Whistles and Coast chains, added that a long run of unseasonably cold weather and the late Easter meant the first quarter of the financial year failed to sparkle in the way it had a year ago.