Mosaic Brands Limited reported preliminary unaudited sales results for the year 2023. Store-only comparable sales finished the year at up 9.6% compared to the previous corresponding period (pcp), with online sales down 6% - almost entirely on third-party vendor sales. Online sales represented approx.

20% of total turnover. Store only comparative sales were up 11.9% in the first half of the financial year on the pcp and up 7.6% in the second half, as Reserve Bank measures to manage inflation began to bite.