Women’s clothing line Katies will be wound down while dozens of Millers, Rivers and Noni B stores will close as struggling Australian fashion retailer Mosaic Brands undergoes a “consolidation program” that will cost hundreds of staff their jobs.
A line will be drawn through Katies as a brand and the shutters will be brought down on all 80 of it stores by mid-January, it was revealed on Tuesday.
A further 80 Millers, Rivers and Noni B brick and mortar shopfronts will shut in the same period.
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The wide-ranging cuts will impact about 480 employees from across the clothing brands.
Receivers and managers KPMG, which was appointed to work alongside administrators FTI Consulting after Mosaic…
