Profits fall at Abercrombie fashion stores’ Irish firm

Profits and revenues at the Irish firm that controls the two US clothing stores, Hollister and Abercrombie & Fitch, dropped for the third successive year.

New accounts show that pre-tax profits at A&F Hollister Ltd dropped by 21%, to €403,171, in the 12 months to the end of January this year.

Revenues dropped by more than €2m, or 15%, to €11.44m.