Fifth year of decline at Abercrombie & Fitch/Hollister Irish stores

Profits and revenues at the Irish arm of twin US clothing brands Hollister and Abercrombie and Fitch fell for the fifth year running last year.

Newly-filed accounts show that pre-tax profits at A&F Hollister Ltd dropped by 15% to €242,002 in the 12 months to the start of last February. Revenue dropped by 18% to €8.1m. The company opened its first Irish Hollister store, in the Dundrum Town Centre, in 2011; followed a year later by its first Abercrombie and Fitch store opening on Dublin's College Green.