Oasis and Warehouse will close permanently after a rescue attempt floundered.
The stock and intellectual property has been sold to Hilco, a former owner of HMV, but all of its 90 stores and 437 concessions will remain close when the lockdown lifts. More than 1,800 people have been made redundant.
Deloitte, which was handling the administration, had hope to strike a deal with Sainsbury’s, Boohoo or a consortium of experienced retailers.