Parent company of Australian clothing brands Rivers, Millers and Katies enters voluntary administration

Parent company of Australian clothing brands Rivers, Millers and Katies enters voluntary administration

Mosaic Manufacturers, 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 people, issued a statement on Monday confirming the decision by its board of directors. “Following recent attempts by the company to informally restructure its operations…voluntary … Read more