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Abercrombie & Fitch Ireland see profits increase

US fashion chain Abercrombie & Fitch has seen a big increase in sales and profits in Ireland....
Newstalk
Newstalk

06.57 11 Oct 2013


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Abercrombie & Fitch Irelan...

Abercrombie & Fitch Ireland see profits increase

Newstalk
Newstalk

06.57 11 Oct 2013


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US fashion chain Abercrombie & Fitch has seen a big increase in sales and profits in Ireland.

The company made a profit of just under €460,000 in the 12 months to February 2013, according to its latest accounts.

That reverses a loss of nearly €680,000 in the previous year.

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Abercrombie has one store in Dublin, while its sister brand Hollister has a shop in the Dundrum Town Centre.

Sales jumped to €15.8 million from €8.1 million.

Abercrombie employs 20 full time and 315 part-time staff in Ireland.

While sales in Ireland appear to be booming, the company is under pressure in the US where sales are plunging and it's shutting 50 stores.


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