Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Full year sales edge up at Arnotts

Sales at Dublin department store Arnotts rose 2.7% to €114.2m (£84.2m) for the year ended January 25, helped by strong performance from its footwear and jewellery departments.



Arnotts made an operating profit of €159,000 (£117,189), compared to a pre-exceptional operating loss of €1.1m (£0.81m) during the previous year, according to the Irish Independent.

The previous year benefitted from a €9.9m (£7.3m) exceptional gain relating to the winding up of a pension scheme, the newspaper reported.

Arnotts was founded in 1843 and is one of Ireland’s oldest and largest department stores. The 267,000 sq ft store, located on Henry Street in Dublin’s city centre, offers womenswear, menswear, homeware, beauty, childrenswear, jewellery and accessories. It also operates a number of cafés and restaurants.

Arnotts was acquired by Selfridges Group in November. The group is owned by Canadian entrepreneur and philanthropist Galen Weston and his Irish wife Hilary, and comprises Brown Thomas in Ireland, Holt Renfrew in Canada, Selfridges & Co in the UK, and de Bijenkorf in the Netherlands.

Selfridges Group invested €107m (£76m) into the department store over the six months prior to buying the business.


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.