Both Rivers and Millers in the Armadale Shopping Centre have been decimated by shoppers snapping up closing down bargains.
A sign at Rivers said it was not officially closing until April 3, and Millers the week after that. But when the Examiner popped by on Friday there was barely any stock left on the floor to sell.
In October Mosaic Brands went into administration owing creditors $249 million, and KPMG were appointed to review the business.
Early in the company’s collapse it was announced that Rockmans, Crossroads, Autograph, W Lane and BeMe would be wound down.
Just before Christmas, KPMG announced the end of an era for the long-running women’s clothing brand Katies which first hit the Australian market in 1954.
The Armadale Shopping Centre store was pummelled by people hoping to snap up a bargain in its final days.
Then in January, KPMG’s David Hardy said they had been unable to sell Rivers as planned, bringing an end to the brand’s history, which started in 1979 as a staple of Australian footwear.
Just one week later, the final two dominoes in the Mosaic Brands portfolio fell: Millers and Noni B.
“Despite the best efforts of all parties, we have been unable to achieve a sale of any of the brands within the Mosaic portfolio,” David Hardy said.
“As a result, all stores in the Mosaic Brands Group will be wound down over the coming months.
“We expect all stores will be closed by mid-April.”
In total the closure of the entire Mosaic Brands portfolio means almost 3000 jobs will have been lost nation-wide and more than 700 retail stores shut down.
The loss of Rivers and Millers will leave a big hole in the Armadale Shopping Centre.
