Region. Colorado rebranded

The former retailer, the Colorado Group, based in Melbourne, which had a range of outlets, such as Mathers, JAG and Diana Ferrari, across Western Sydney, has been restructured as Fusion Retail Brands. Colorado was placed in receivership in March with debts of about $430 million.

Region. Question over Colorado's future

A PricewaterhouseCoopers report on Brisbane-based, Colorado, which has Colorado, Jag, diana ferrari, Williams and Mathers outlets across Western Sydney, stated: “There is uncertainty whether the group will continue as a going concern.” PWC said consumer confidence and deep discounting with in the fashion sector were hurting the company’s returns.