Profits on the rise for Galway hat designer Philip Treacy

It’s hats off to Galway hat designer Philip Treacy as new accounts show accumulated profits at his fashion firm last year totalled £335,082 (€386,487).

The designer has achieved worldwide recognition with his hat designs and has a client base that includes Lady Gaga, Madonna, Beyonce, David and Victoria Beckham, Grace Jones and Sarah Jessica Parker.

New accounts filed by Mr Treacy’s London-based Philip Treacy Ltd show that the firm’s profits increased from £300,820 to £335,082 in the 12 months to the end of June.