Parent company of Australian clothing brands Rivers, Millers and Katies enters voluntary administration
by Australian Associated Press from World news | The Guardian on (#6RSMV)
Mosaic Brands discontinued five signature brands in September and closed stores in attempt to steady finances
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Mosaic Brands, the parent company behind Australian clothing brands Rivers, Millers and Katies, has entered voluntary administration.
The ASX-listed company which operates more than 700 stores and employs about 3,000 staff released a statement on Monday confirming its board's decision.
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