Homeware retailer Adairs chief executive Mark Ronan expects to grow sales and profits this financial year, and believes its Mocka business is slowly winning back customers after a tough 2022.
The Adairs flagged group is up 3.9 per cent in the first seven weeks of financial year 2023, excluding contributions from its recent aquisition Focus on Furniture, and despite significant lockdowns last year when people were cocooned at home.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
