This announcement comes on the heels of last week's news regarding the closure of 136 Rivers stores and 80 Katies stores, which are also part of Mosaic Brands.

Overall, the total impact of the Mosaic Brands shutdown will result in nearly 3,000 jobs lost and over 700 retail stores closed across Australia.

Mosaic Brands entered voluntary administration in October 2024, which preceded the closure of several other brands including Rockmans and Autograph.

David Hardy, a partner at KPMG, confirmed that despite efforts to sell the brands, no sale was achieved, leading to the decision to close all stores.

At the time of entering administration, Mosaic Brands owed $249 million to 171 creditors, in addition to an undisclosed amount to approximately 300 workers.

Previously, Mosaic Brands employed nearly 3,000 individuals and operated around 700 stores across Australia.

The recent decision follows a previous announcement about the unsuccessful sale of the Rivers brand made just a week prior.

This decision will lead to the shutdown of 252 stores and the loss of 933 jobs.

During the receivership process, the management team thanked employees, customers, and suppliers for their support.

Mosaic Brands, a budget clothing retailer, has announced the closure of its final two brands, Millers and Noni B, following unsuccessful efforts to find a buyer.

KPMG, acting as receivers and managers for Mosaic, has stated that all stores will be shut down in the coming months, with an expected closure by mid-April 2025.

The timing of individual store closures may vary, and KPMG plans to conduct sales events and promotions while stock lasts.