Mosaic Brands owes $249 million, sale process underway
Australian fashion group Mosaic Brands owes around $249 million to various entities, according to documents tabled to ASIC and obtained by Ragtrader. It comes weeks after the brand fell into voluntary administration, with FTI Consulting’s Vaughan Strawbridge, Kate Warwick, David McGrath, and Kathryn Evans being the appointed voluntary administrators. Meanwhile, KPMG’s David Hardy, Gayle Dickerson,…