The Irish arm of bookseller Waterstones plunged further into the red last year after the company recorded impairment charges and store closure costs totalling €13.1 million.

DUBLIN-BASED Adwalker, which supplied wearable advertising, has been wound up and a liquidator has been appointed to the Ark Retail fashion group.

DEBENHAMS, the British department stores group currently the subject of a £1.66 billion takeover bid, has reported a pre-tax profits rise of 9.6%.