Harris Scarfe

Harris Scarfe is an Australian retailer that sells bed linen, kitchenware, homewares, electrical appliances and apparel. It was founded in 1849 in Adelaide, South Australia and has more than 50 stores nationally.

Harris Scarfe
Company typePrivate
IndustryRetail
Founded1849 (1849)
FoundersGeorge Peter Harris and George Scarfe in Adelaide
Headquarters
Richmond, Victoria
,
Australia
Number of locations
59 stores (2023)
ProductsBed linen, homewares, kitchenware, manchester, electrical goods, kitchen appliances, women's and men's apparel, intimates, footwear and luggage
Number of employees
1,200 (2020)
ParentSpotlight Group
Websiteharrisscarfe.com.au

In 2015, ownership of Harris Scarfe was transferred to Steinhoff Asia Pacific, an international retail and manufacturing conglomerate listed on the Frankfurt stock exchange. In December 2017, Steinhoff’s was accused of overstating its profits and the share price dropped by 90% The company then entered a period of intense asset sell off, which resulted in Harris Scarfe being sold to Allegro private equity group in December 2019. Shortly after, Allegro put Harris Scarfe and its related entities into administration. Spotlight Group then bought the business out of administration in April 2020.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.