Kaupthing to put UK’s Oasis and Warehouse up for sale – sources

By Dasha Afanasieva and Pamela Barbaglia LONDON (Reuters) – 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. The bank was nationalised during Iceland's 2008-2011 financial crisis, with its domestic operations spun into a new bank known as Arion Banki, while all non-Icelandic assets remained with the now defunct Kaupthing. Kaupthing acquired the brands in 2009 from Mosaic Fashions, which went into administration after shareholder Baugur collapsed in the wake of the crisis.

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Kaupthing to put UK’s Oasis and Warehouse up for sale – sources

Interactive exhibition features work of Icelandic singer Bjork

London’s Somerset House is hosting the European premiere of “Bjork Digital,” an immersive exhibition of digital and video works produced by the famous Icelandic singer and a team of visual artists and programmers. Visitors to the exhibition are invited to engage with the works through the latest virtual reality (VR) technology. The organizers say Bjork, 50, believes VR provides a private theatrical experience, allowing audiences to connect with her in a unique way.

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Interactive exhibition features work of Icelandic singer Bjork