Losses continue to mount at Bono and Ali’s ethical clothing company

Losses continued to mount last year at the ethical clothing company founded by Bono and his wife, Ali Hewson.

Figures lodged with the Companies Office show that Edun Apparel Ltd recorded a loss of $6.4m (€4.87m) in the 12 months to the end of December 2013.

The loss last year followed losses of $7.88m in 2012 and $8.5m in 2011.