Mosaic Brands, the group behind Katies, Millers, Noni B, Rivers and Autograph, entered voluntary administration on 28 October 2024. That was not yet liquidation: on 1 July 2025, creditors voted to put the companies into liquidation, and the administrators became liquidators. The distinction matters because administration was the restructuring process; liquidation is the outcome creditors later chose.
What happened to Mosaic Brands?
Mosaic’s board appointed FTI Consulting administrators on 28 October 2024 after recent attempts to restructure the business informally. In the company’s announcement, the board said voluntary administration was “the most appropriate way to restructure the Group.” Mosaic Brands’ 28 October 2024 announcement records the appointment.
Separately, the group’s senior secured lender appointed KPMG receivers and managers. Receivership and voluntary administration were distinct appointments: the former was made by the lender, while the board appointed the administrators. The contemporaneous report also relayed KPMG’s reference to structural challenges and disruptions involving suppliers and inventory management. Those comments, and the company’s stated restructuring rationale, describe factors raised at the time; they do not establish a single definitive cause of the collapse. Yahoo Finance Australia’s report of 28 October 2024
Administration was followed by liquidation
- 28 October 2024: The board appointed FTI Consulting’s Vaughan Strawbridge, Kathryn Evans, Kate Warwick and David McGrath as joint and several administrators. The senior secured lender separately appointed KPMG receivers and managers. Mosaic Brands’ announcement
- 20 June 2025: The administrators reported that they had received no deed of company arrangement by that date and adjourned the second meeting of creditors. Mosaic Brands’ 20 June 2025 update
- 1 July 2025: At the reconvened meeting, creditors resolved to place the companies into liquidation. The administrators were appointed joint and several liquidators. Mosaic Brands’ liquidation announcement, published 4 July 2025
FTI’s creditor portal lists Mosaic Brands Limited as in liquidation and records the liquidator appointment date as 1 July 2025. FTI Consulting’s Mosaic Brands creditors portal
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How large was the group when it entered administration?
Yahoo Finance Australia’s report on 28 October 2024 described Mosaic as having about 2,700 employees and more than 700 stores nationwide. These are figures reported at the time of administration, not current staffing or store totals. Yahoo Finance Australia, 28 October 2024
Store and brand changes reported before administration
The same report said Mosaic had exited Rockmans, Autograph, Crossroads, W.Lane and BeMe and closed around 200 stores by September 2024, as it focused on five core growth brands. This is a historical account of the group’s 2024 portfolio changes; it should not be read as a current list of operating brands or locations. Yahoo Finance Australia’s report
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What does liquidation mean for customers and creditors?
Liquidation is the formal status recorded for the companies following the creditors’ resolution. The available announcements establish the appointment and date, but do not establish the final amount or timing of creditor distributions. They also do not confirm the current trading status of each brand, store or customer channel. A historical brand association with Mosaic alone cannot answer whether a particular brand or service is operating now.
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