Mosaic Brands chairman Richard Facioni told shareholders at the annual meeting that bricks and mortar stores will always be part of the company behind names like Millers and Noni B, but he has already closed over 70 sites this year.
Mosaic is one of the largest fashion retail groups in Australia and New Zealand with over 1300 stores across brands such as W.Lane, Katies, Autograph, Rockmans, Crossroads, beme and Rivers, as well as a majority stake of 50.1 per cent of EziBuy.
Loading...
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
