Australian (ASX) Stock Market Forum

MOZ - Mosaic Brands

MOZ stuffed?
Not Held

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i do hold

but the cash is currently in the wrong place ( to clutch at a falling knife )

will read up on the latest over the weekend , and see if i should transfer some cash , or wait longer

will absolutely face some headwinds , from memory they aggressively sought rent reductions during the pandemic , so landlords are less likely to repeat that

maybe store/brand consolidation can help ( or ruin )
 
All 135 of the Rivers stores are set to close with the loss of 650 jobs.
Rivers joins Katies in closing down after MOS went bust.
The Noni B group that bought Rivers and became Mosaic never really got it going.
Mick
 
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