NoniB to buy Rivers, Millers, Katies

NONI B Group is buying Specialty Fashion Group’s Katies, Millers, Crossroads, Autograph and Rivers clothing chains for $31 million.

Specialty will remain listed on the Australian share market and will retain the plus-size women’s apparel chain City

Chic.

Noni B, which owns an eponymous chain as well as Rockmans, W.Lane and BeMe, says it will become one of the largest specialty women’s apparel retailers in Australia.

The acquisition will boost its network to more than 1350 stores across nine brands.

The sale comes after a potential takeover of Specialty by an investment company controlled by the Qatari royal family fell over in 2017.