Iconic clothing and footwear brand Rivers will close its doors after more than 40 years, after failing to find a buyer.

An iconic Aussie clothing brand is closing its stores after a buyer was unable to be found for the chain, with hundreds to lose their jobs.

More than 130 Rivers clothing stores will close across the country after a buyer could not be found for the collapsed business.

More than 250 outlets of two leading retail chains will close, costing nearly 1000 jobs, after receivers failed to find a buyer for the stores.

More than 250 outlets of two leading retail chains will close, costing nearly 1000 jobs, after receivers failed to find a buyer for the stores.

Rivers, an Australian footwear and clothing brand with a 160-year history, is closing all 136 stores, impacting over 600 employees. The shutdown...

Company tasked with finding buyer issued a statement.

Rivers is the seventh brand in the Mosaic group to be axed, resulting in the loss of 650 jobs.

The final two brands in the Mosaic Brands fold have collapsed after its receivers were unable to find a new buyer.

The embattled fashion retailer Mosaic has axed hundreds of jobs and announced all stores to be shut down following an unsuccessful search for a buyer.