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Initial Director's Interest Notice - Rachel Kelly
Initial Director’s Interest Notice
May
Tribeca boss on life after Jun Bei Liu (plus 4 ASX stock picks)
David Aylward reveals his recent bets, and he is most bullish about one share that has already soared 90 per cent.
September 2024
Adairs snares ex-Country Road boss as next chief
Two months on from exiting the turmoil at Country Road Group, Elle Roseby will next year take the top job at the ASX-listed home furnishings and linen company.
August 2024
Bird flu ruffles feather prices in bad news for decorators
Chief executive of Adairs says the virus outbreaks and soaring popularity of puffer jackets are leading to sharp inflation, as he reported a profit slump.
January 2024
Brett Blundy hires Mark McInnes as golden handcuffs come off
McInnes is cautious about the consumer outlook, but says the retailers inside the empire of his billionaire new employer have the three traits needed to win.
November 2023
Black Friday sales sizzle, set to be bigger than Christmas
Shoppers are tipped to spend over $6.3 billion over the four-day shop-a-thon, up 3 per cent on last year. But budgets are under pressure, and sales have come early.
June 2023
Consumer crunch flattens Adairs
Adairs is the latest retailer to flag that consumer spending is drying up, following Wesfarmers chief Rob Scott’s warning “the honeymoon is very much over”.
April 2023
Why these four retail stocks are likely to survive a downturn
These lesser-known names are well-equipped to face a drop in spending.
October 2022
Adairs reaffirms guidance with consumer confidence ‘robust’
The home retailer, which also owns Mocka, said rising inflationary pressures and higher interest rates will likely dent consumer confidence in coming months.
August 2022
Adairs expects to grow sales, profits this year
Chief executive Mark Ronan said while many trading days were lost in 2022, the brands are well positioned for the value-conscious consumer.
February 2022
All the profit results for February 21, 2022
Results briefing | News and analysis on today’s profit results from Adairs, Altium, Ampol, BlueScope, Chorus, Cooper Energy, Endeavour, GDI, Hansen, Helloworld, Latitude, Lendlease, Maca, NIB, Nuix, OZ Minerals, Reliance, SelfWealth, Senex, Silver Lake, Sonic Healthcare, Starpharma, Super Retail, Tyro, Viva. Find updated reports and analysis here.
January 2022
Adairs crunched as lockdowns and higher costs dent profits
Shares in the homewares retailer tumbled after it warned that profits had been severely dented by the pandemic.
November 2021
Adairs snaps up furniture retailer for $80m
Chief executive Mark Ronan says there are growth opportunities from a national store rollout, online growth and range expansion.
October 2021
Adairs sales hit by $32m due to store closures
The homewares retailer anticipates that pent-up demand and online delivery delays will get customers shopping in stores in the lead up to the key Christmas period.
August 2021
Homegrown hero Adairs sees room for more after bumper 2021
CEO Mark Ronan says the retailer’s highly engaged customers will always spend money on their homes, even when borders reopen.
June 2021
‘Perfect partner’: Blundy’s Honey Birdette sold to Playboy owner
Playboy owner PLBY paid $443 million for the lingerie company and plans to open dozens of stores and take the brand into new categories.
May 2021
Stock winners from the ‘spendathon’ budget
With billions of dollars set to be pumped into the economy over the next few months, domestic-facing consumer stocks are likely to receive the biggest boost.
February 2021
Breville, Adairs eye growth as consumers bunker down
Breville and Adairs say demand for homewares is likely to remain strong for as long as people work from home and eschew travel.
Adairs suggests retail supercycle has room to run
Soaring household savings rates and no international travel until 2022 suggest anyone employed still has spare cash to burn.
All the key profit results for February 16
On a big day of the interim profit reporting season, we have results from BHP, NAB, Domain, Redbubble, Virtus Health, Adairs, Ansell and Breville. Find full reports and analysis here.
Adairs returns JobKeeper subsidies as profits rise threefold
Adairs has returned $6.1 million of $22 million in JobKeeper subsidies received in 2020 after delivering bumper profits underpinned by the cocooning trend.