Company Behind Millers, Noni B, Rivers Enters Voluntary Administration

Published on October 28, 2024

Mosaic Brands, which runs numerous well-known Australian fashion chains, has entered voluntary administration. The ASX-listed company, which employs about 3,000 staff across 700 stores in Australia and New Zealand, attempted to continue operating its Millers, Noni B, Rivers, and Katies chains. At the same time, it tried to shut down its Rockmans, Autograph, Crossroads, W.Lane, and BeMe brands. “The group’s leadership received the support of a significant majority of its commercial partners and was confident that the restructure would be in the best interests of all stakeholders, resulting in a more focused and financially stronger retailer,” a statement read. But on Oct. 28, the company announced it was entering voluntary administration....

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