Established in 1962, Nick Scali has grown into one of Australia's premier furniture retailers, renowned for its commitment to quality and design. With over 60 years of experience, the company has become a leading importer of high-quality furniture, sourcing products from some of the world's most respected manufacturers. Nick Scali's extensive range covers leather and fabric lounges, dining tables, coffee tables, chairs, and entertainment units, catering to a diverse customer base. The company now operates 128 showrooms and many distribution centres across Australia, the United Kingdom, and New Zealand. In 2017, Nick Scali expanded internationally by opening its first showroom in Auckland, New Zealand. Continuing its growth trajectory, the company entered the UK market in May 2024 through the acquisition of Fabb Furniture. This strategic move will soon add 20 Nick Scali stores across key UK locations, continuing the global growth ambitions of the company. Nick Scali's success is underpinned by its dedication to offering quality furniture at reasonable prices, appealing to a broad customer base. The company's commitment to excellence and customer satisfaction has solidified its reputation as a trusted name in the furniture industry. At the heart of Nick Scali’s success is a positive and relaxed company culture that fosters growth and ambition. This dynamic environment not only enhances teamwork and innovation but also supports substantial career development for employees, many of whom achieve remarkable professional growth within the organisation. Want to find out more or apply for a specific role in your area please click here: https://www.nickscali.com.au/careers
External link for Nick Scali Limited
Triniti 2, Level 7
39 Delhi Rd, North Ryde
Sydney, NSW 2113, AU
We're extremely proud and honoured to once again partner with ReLove - an incredible organisation dedicated to helping re-home domestic violence victims. ReLove’s Free Store offers a safe space for people in crisis to furnish their new homes, empowering them to choose how they want to live. Through this they're able to help the most vulnerable in our community and on an issue that continues to become an epidemic. Donating a few pieces of furniture is really the least we can do for them. Keep up the amazing work team.
Last week we announced our results for the year ended 30th of June 2024. We are pleased to share that the group achieved an underlying net profit (after tax) of $82.1m. Group written sales orders were $454.2m. In May 2024 we entered the UK market with the acquisition of UK furniture retailer, Fabb Furniture.
Meet Manly - where luxury meets innovation. A cutting-edge recliner lounge that combines comfort and technology for the perfect cinema-room experience. Adjust the headrest with ease using a telescopic mechanism for personalised support. The armrests feature pull-out storage with drink holders and compartments for essentials. Crafted with premium and intentionally sourced materials, the console includes an electric drinks holder and wireless phone charging pad. The Manly is 50% off during our Half Yearly Clearance. Visit us in-store or shop online. https://lnkd.in/g_bPk-mQ
On Wednesday morning, we had the pleasure to announce to the ASX that we have acquired a furniture brand in the UK. The acquisition of Fabb Furniture provides an opportunity to enhance our geographic diversity and scale beyond Australia and New Zealand for the first time. The Acquisition provides us an immediate entry point into the large UK market with a 21-store network across key locations; a scaled platform to establish the Nick Scali brand and product offering in an attractive new market. Fabb Furniture's gross margin is estimated to be approximately 10 percentage points lower than larger UK competitors on a like for like basis. As we did when we acquired Plush, we believe we can leverage the Nick Scali buying power, combined with our supply chain and logistics capabilities, to deliver significant gross margin uplift for the UK business. Anthony Scali, CEO https://lnkd.in/gyzmTBmz https://lnkd.in/g3sVtsw7