Profits up at US brands’ Irish arm

Major US clothing brands Hollister and Abercrombie & Fitch continued to cash in on the hype around their Irish operations last year as pre-profits soared to over €700,000.

New accounts filed by A&F Hollister Ireland Ltd show its Hollister brand store at the Dundrum town centre and the Abercrombie & Fitch store at Dublin’s College Green recorded combined revenues of almost €320,000 per week last year.

The accounts filed show that the firm’s pre-tax profits rose by 54% from €457,063 to €702,839.