Support for Mosaic Brands members – Voluntary Administration & Liquidation
29 January 2025
Mosaic Brands is now unlikely to be sold.
There are no potential buyers which means that the liquidation of the company appears inevitable.
What is liquidation?
Liquidation is the term used to describe the process of closing an insolvent business.
A third party, known as the liquidator, is appointed to sell the remaining assets of the business and engage with the remaining creditors (which includes employees).
What does this mean for employees?
In the event that the company is liquidated, all employees will be made redundant and your employment at Mosaic Brands will be terminated.
Upon termination, you will be entitled to payment for any accrued entitlements such as annual leave and redundancy.
When will I be paid my entitlements?
If liquidation occurs, the SDA has been advised by Administrators/Receivers that the payment of entitlements accrued before 27 October 2024 would not be paid until July 2025.
This is unacceptable and the SDA is arguing in relevant forums for the Department of Workplace Relations to have these payments are brought forward. This work by the SDA continues.
At this stage the Receivers/Administrators continue to make assurance that all entitlements will be paid in due course, however they are not prepared to guarantee that payment will be made on an employee’s last day of work.
The SDA will continue to press that these entitlements should be paid on an employee’s last day.
It is critical to know that if you leave your employment before you receive a notice of termination you will not be eligible for redundancy entitlements.
Alternative Employment Options
The SDA is speaking to Mosaic and reaching out to other fashion employers on behalf of members to explore future employment options. You will find an ‘Employment Services Guide’ link on the Mosaic intra-net and members are encouraged to use that. The SDA are working behind the scenes to maximise future employment opportunities with the other fashion companies.
The Department of Employment and Workplace Relations has also advised that the below employers have current vacancies:
Super Retail Group (Rebel, BCF, Supercheap, Macpac)
Susan Group (Susan, Susan Grae, Sportsgirl)
Bunnings
Price Attack
Coles
Woolworths
The SDA will continue to keep you informed of any developments. We’re here to support you every step of the way. If you have any questions, please contact your SDA Branch.
The SDA is here to support all SDA members at Mosaic Brands throughout this difficult period.
Please contact us for information, advice and support.
You can also visit our resources page for helpful resources on mental health support and financial hardship support here.
SDA members receive information, support and advice from experts to answer any workplace question you may have.