After nearly seven decades of operation, womenswear brand Katies is closing two months after its owner, Mosaic Brands, collapsed into administration.
KPMG, which was appointed receivers of the ASX-listed retailer in October, said it would close all 80 Katies stores along with 80 other shops operating under the Millers, Rivers, and Noni B brands.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
