An Iconic Aussie Brand Bids Farewell
Rivers, a much-loved Australian brand known for its clothing and footwear, is set to close all 136 stores across the country. After being placed into administration by its parent company, Mosaic Brands, no buyer came forward to take over the business.
Impact on Employees
The closure will see the loss of 650 jobs nationally. Employees will be affected in phases, as store closures will depend on how quickly stock levels can be cleared.
A Difficult Decision
Mosaic Brands, which entered administration last year, struggled to sell Rivers despite its extended efforts. KPMG receivers confirm the process of shutting down stores will commence this April.
Final Sales and Promotions
To clear all remaining inventory, Rivers is running significant sales and promotions, both in-store and online. Loyal customers are encouraged to grab their favourite items while stocks last.
A Legacy Spanning Over 150 Years
Rivers’ story began in 1863 as a shoe manufacturer under the name The Paddles Operation. It rebranded as Rivers in 1979 and opened its first retail store in Sydney in 1983. From there, it expanded to over 60 stores across the country. Despite its closure, the brand will be fondly remembered by those who cherished its quality and value over the decades.
Saying Goodbye
To all the loyal customers who made Rivers what it was, this marks the end of an era. Be sure to visit your local store or shop online for one last experience with this iconic brand.
