Iconic fashion retailer Katies to be wound down, nearly 500 jobs to go

United States News News

Iconic fashion retailer Katies to be wound down, nearly 500 jobs to go
United States Latest News,United States Headlines
  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Another 80 Millers, Rivers and Noni B stores will also be shut in the move by Mosaic receivers.

shuts down all of its Katies stores, along with 80 other shops across multiple brands owned by the company.

The closures will impact 160 stores owned by the brand and impact roughly 480 employees, KPMG Australia, the Receivers and Managers of the Mosaic Brands group said in a statement today.Luigi Mangione, suspect in CEO shooting, denied bail in first court appearance in Pennsylvania "The decision was made following a review of the performance of Katies as a brand and the wider store network," the statement read.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsAUS /  🏆 10. in AU

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Katies and Noni B owner allegedly left directors uninsuredKaties and Noni B owner allegedly left directors uninsuredClothing group Mosaic Brands went into administration in late October with debts of at least $249 million.
Read more »

Katies and Noni B owner allegedly left directors uninsuredKaties and Noni B owner allegedly left directors uninsuredClothing group Mosaic Brands went into administration in late October with debts of at least $249 million.
Read more »

Drug 500 times stronger than heroin detected at Brisbane pill-testing siteDrug 500 times stronger than heroin detected at Brisbane pill-testing siteThe drug was sold as oxycodone and purchased online, highlighting the dangers of counterfeit pharmaceuticals.
Read more »

Local businesses revelling after successful Adelaide 500Local businesses revelling after successful Adelaide 500Local businesses are reaping the rewards of another successful Adelaide 500 Supercars race, with thousands of visitors flocking to the city for the final event on the racing calendar.
Read more »

‘I heard the most phenomenal stories’: why 500 women over 50 posed nude for a photograph‘I heard the most phenomenal stories’: why 500 women over 50 posed nude for a photographThe experience of posing nude for the project left some women in tears – but no one ever changed their mind about being photographed
Read more »

Fears for schools, daycares: The 500 sites yet to be tested forever chemicalsFears for schools, daycares: The 500 sites yet to be tested forever chemicalsIt could take 50 years to investigate all the potentially contaminated sites across Sydney and the rest of NSW, an inquiry has heard.
Read more »



Render Time: 2025-02-24 11:11:55