Adairs Group News Today

With a talented and diverse group of women leading the way, the contemporary furniture brand has prioritised ensuring that women are well-represented at all levels.

The homewares group will acquire the furniture retailer in a play to expand its market share in the furniture and bedding space.

Chief executive Mark Ronan said there are growth opportunities from a national store rollout, online growth and category/range expansion.

The Adairs share price is rocketing 8% this morning. We look at the acquisition announcement from the ASX home furnishings company.