Adairs (ASX:ADH) to close stores temporarily

Company News

by Rachael Jones

Adairs (ASX:ADH) will temporarily close all of its Australian stores from close of trade on Sunday 29 March 2020.

The six Adairs stores in New Zealand and Mocka’s New Zealand operations were closed from Tuesday 24 March in accordance with New Zealand Government requirements.

Stores will be closed for an initial period of 4-6 weeks but online channels will continue.

Shares in Adairs (ASX:ADH) are trading 3.8 per cent higher at 82 cents.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.