Australian fashion is facing a catastrophic crunch.
The spectacular collapse of rag trade stable Mosaic meant household names Katies, Millers, Rockmans, Noni B and Rivers all pulled the shutters down in 2025.
Swimwear brand Tigerlily and luxury fashion label Dion Lee both fell into administration in 2024, while long-standing favourite Sass & Bide announced months later it too would close most of its standalone stores.