The company is reshaping its retail network as it navigates softer consumer spending, after reporting total sales of $1.64bn in FY26.
The retailer posted a statutory net loss of $13.8M, with owned sales rising 4.7 per cent to $1.53bn, although like-for-like sales slipped 0.5 per cent for the year.
The company opened 43 new stores during the year, led by Hoka, Skechers, Nude Lucy, Lacoste and Sports Direct, taking its network to 876 stores and websites. It also closed 59 locations, including 19 Glue stores and 17 Vans stores.
Accent completed the closure of OzSale and Glue and exited distribution agreements for Dickies, Herschel and Superga, removing approximately $17.8M in annualised losses.
“The business has made the difficult but necessary decisions, closing loss-making businesses, tightening costs and sharpening our strategic focus and the benefits of those decisions should increasingly flow through in FY27 and beyond,” said Group Chairman Lawrence Myers.
