Zara profits on rise, but Hilfiger feels the pinch

Pre-tax profits at the main Irish arm of international clothing giant, Zara, more than doubled last year to €6.2m.

This followed revenues at the Spanish-owned Za Clothing Ireland Ltd increasing by 14% from €50m to €57m in the 12 months to the end of Jan 31 last.

The accounts recently filed with the Companies Office show profits rose by 146% from €2.52m to €6.2m last year.