Business
Fashion retailer behind Katies, Rockmans, Rivers and Noni B closes more stores – NEWS.com.au
Fashion retailer behind Katies, Rockmans, Rivers and Noni B closes more stores
The retail group that owns Katies and Millers is making money again after closing unprofitable stores and massively increasing its online offering, flagging an ongoing sales lift as its older demographic customer base emerges from COVID-19 hibernation.Mosaic Brands, which also owns Noni B, Rivers and Rockmans, booked a whopping $170m full-year net loss in August but on Wednesday posted a slim first-half net profit of $13m.
But that comes after it received almost $47m in JobKeeper benefits, which…
-
Noosa News16 hours agoUnlawful wounding charges, Caloundra – Sunshine Coast
-
General18 hours agoCalifornia worker dead and hundreds arrested after cannabis farm raid
-
General21 hours agoWallaroos fall to Black Ferns 37-12 in Wellington Test
-
Business9 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025