86 100
Fashion Jobs
RALPH LAUREN
Associate Manager
Permanent · HERSHEY
A & F
Abercrombie & Fitch - Assistant Manager, International Market Place
Permanent · HONOLULU
A & F
Hollister CO. - Brand Representative, Galleria at Tyler
Permanent · RIVERSIDE
FOOT LOCKER
Director of Safety (Supply Chain)
Permanent · CAMP HILL
LEE
PT Keyholder, Estero, FL
Permanent · ESTERO
URBN
Free People: Merchandise Planning Manager
Permanent · PHILADELPHIA
URBN
Free People: Senior Merchandise Planner
Permanent · PHILADELPHIA
KOHLS
Operations Supervisor - Weekend Overnights
Permanent · EDGEWOOD
KOHLS
Full-Time Loss Prevention Officer
Permanent · SOUTH BURLINGTON
ADIDAS
Key Account Manager: Athletic Footwear
Permanent · PITTSBURGH
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · GOSHEN
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · NAPLES
KOHLS
Shift Leader/Operations Manager - Weekend Night Shift
Permanent · PATASKALA
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader (Part-Time) - us
Permanent · POOLER
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · MURFREESBORO
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader - us
Permanent · KAPOLEI
NAVY EXCHANGE
Buyer (Level i) - Beauty Care
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i) - Pet
Permanent · VIRGINIA BEACH
GAP INC.
Asset Protection Service Representative - Harlem Usa
Permanent · NEW YORK
GAP INC.
Asset Protection Coordinator - Mount Vernon Plaza
Permanent · ALEXANDRIA
BANANA REPUBLIC
Associate Art Director, Photo Studio
Permanent · SAN FRANCISCO
ECCO
Third Keyholder
Permanent · SAN FRANCISCO
Published
Feb 13, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Kildare Village outlet sends Gucci Ireland revenues soaring

Published
Feb 13, 2018

Gucci Ireland saw its sales and profits rising fast last year as the Italian brand’s outlet store in Kildare Village enjoyed almost a full year of trading.


Gucci boomed in Ireland in its latest year



Sales of Gucci goods rose to €6.19 million, which is a small absolute figure but still represents a 58% increase year-on-year. And pre-tax profits rose 17-fold to €726,537 in the year to the end of February 2017. Its gross margin was 39%.

But while the Kildare Village store was a big contributor to the growth after its opening in July 2015, the fact that it closed in January 2017 could mean that current year results aren’t so strong.

We won’t know whether that’s the case for another year, of course, but we do know for now that a significant share of Gucci’s sales in Ireland were to tourists, again with the big lure of Kildare Village likely to have been a factor here.
As far as boosting future growth is concerned, the company said in its results that it continues to work towards building market share in the luxury sector by organic growth of its store network. But it also said that any downturn in tourism to Ireland could prove to be a risk to the business while exchange rate fluctuations could also make an impact.

The news from Gucci came at the same time as Swarovski Ireland said its profits rose 73% to €121,000 in its latest year as revenues soared from €1 million to €4.9 million. Swarovski also cited its outlet store at Kildare Village as being behind the growth surge.

The outlet centre near Dublin is part of Value Retail, the group that also owns the UK’s Bicester Village, which is also a major tourist attraction.

Copyright © 2024 FashionNetwork.com All rights reserved.