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Adairs Archives

Adairs’ growth remains stable in the first half

Like-for-like sales for the group were up a marginal 2.7 per cent, impacted by Covid-related store closures which the bu...

Store closures and higher delivery costs impact Adairs’ performance

Adairs announced that group sales for the first half is at $242 million including a $12.5 million contribution from Focu...

Adairs to buy up Focus on Furniture for $80 million

Adairs makes second acquisition in the furniture and homewares space, growing its footprint.

‘A good thing for inclusion’: Adairs launches Indigenous collaboration

The homewares retailer has launched a new collection of bedding, art, homewares and nursery items designed by Indigenous...

Adairs pays $45m to fast-track Mocka acquisition

According to Adairs chief executive Mark Ronan, the early settlement will enable the business to invest sooner in buildi...

Adairs earnings, profit skyrocket during first half

Managing director and chief executive Mark Ronan called the results “outstanding”.

Adairs’ e-commerce makes up almost half of all sales so far in FY21

The business’ gross margins are well above prior years’ levels as well, up 600bps than the same period of FY20.

Adairs’ online sales double during bumper FY20

Online sales grew 111 per cent to $124.2 million, and made up 32 per cent of total sales.

Mocka acquisition, online sales help boost Adairs financial results

“Our results confirm the strength of our brands and the competitive advantage our omni-channel model provides in these v...

Kathmandu, Adairs reopen as spending freeze starts to thaw

Consumer spending and foot traffic are beginning to show signs of recovery, as some states ease restrictions.

Adairs acquires online-only homewares brand

Homewares retailer acquires Mocka for $75.5 million.

Adairs profit slips, despite growing sales

An increased cost of doing business offset sales growth.

Retail appointments

Caltex CEO to retire, Adairs appoints CFO, Vinomofo hires new CMO.

Adairs slumps 30 per cent on another guidance cut

Homewares retailer issues another earnings downgrade.

Adairs drops guidance on expected consumer downturn

CEO flags a potential drop in consumer spending.

Tuggerah expands upwards

Tuggerah Super Centre $28 million redevelopment completed.

Adairs shifts focus to larger format stores

Bedding retailer to focus on new categories, larger stores and online.

Aldi, Myer and David Jones all big winners at the 27th Annual ACA Awards

SPONSORED: The Australasian Catalogue Association's 27th Annual ACA Awards highlights a strong focus on effective market...

Adairs reaches record profit growth

Retailer sees sales boost from more frequent purchases.