Scentre Group, the parent company of the Westfield chain, made the call to temporarily lock down stores owned by Mosaic Brands, leaving more than 400 jobs on the line.
Mosaic chairman Richard Facioni condemned the landlord’s decision to halt trading in the current retail climate. “Mosaic continues to conduct rental negotiations in good faith with all landlords, including Scentre Group, in the spirit of sharing the burden of the impact of theWestfield’s parent company has closed stores over a rent dispute. Picture: Robert Pozo/AAPMosaic Brands is Australia’s leading specialty fashion retail group, with the Millers, W.Lane, Noni B, Rivers, Katies, Autograph, Rockmans, Crossroads and beme brands in its network of 1332 Australian stores and with 6800 employees on the books.
However, Mosaic isn’t the only high-profile retailer to clash with landlords over rent during the pandemic.
Time to boycott them
This is the government’s doing not Westfield. The mandated shops closed and told landlords and tenants to sort it out themselves. No sales no income no rent.
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