Arnotts news and archive

Irish retailers brace themselves as ex-Hurricane Ophelia makes landfall

London - A number of Irish retailers and businesses will remain closed on Monday following a red weather warning as the country braces itself for what is said to be the worst storm in 50 years. A severe weather warning is in place for today from 6 am to 12 am as former Hurricane Ophelia hits, with retailers including Dunnes Stores, Arnotts and...

RetailFeatured

How are department stores tackling the retail industry?

As retailers attempt to keep up with the changing industry, some brands seek to open more stand-alone stores, while others shutter in favour of online sales. Department stores have a particularly hard job remaining relevant, multiple alternatives for shoppers including sales direct from brands and online discounts leaves the store itself, the...

Retail

John Lewis to launch in Ireland with Arnotts

London - John Lewis is pushing forward with its international expansion plans and is set to launch in Ireland. The British department store group has signed a deal with local department store Arnotts to its debut open a shop in shop in the country. The strategy, which is similar to the one John Lewis has employed with partners de Bijenkorf, in...

Business

Selfridges acquires Irish department store Arnotts

The Selfridges Group has acquired historic Dublin department store Arnotts for an undisclosed sum, it was announced on Monday. Selfridges, which already owns Irish lifestyle store Brown Thomas, plans to invest in Arnotts by ‘enhancing the shopping experience’, updating the store environment and introducing new premium brands. “We have an...

Business

The Weston Group acquires Arnotts for an estimated 70 million pounds

Wittington Investments, the holding company for The Weston Group and the Selfridges Group, has acquired Dublin department store Arnotts in a deal estimated to be worth over 70 million pounds. The Weston Group, which owns department stores such as Selfridges in the UK, Brown Thomas in Ireland and de Bijenkorf in the Netherlands, previously...

Design

Jigsaw prepares for its return to Dublin

High street women's wear Jigsaw is preparing to open an concession stand in Dublin department store Arnotts next month, highlightingits new international expansion strategy. Jigsaw previously operated a single stand alone store in Dublin, which shut over two years now. Now the British women's wear retailer is set to open a 900 square foot store...

Design

Bidding for Irish department store Arnotts continues

Selfridges Group may be contending for a stake in Ireland’s department store Arnotts, according to recent news. Irish Bank Resolution Corporation Ltd and Ulster Bank took over Arnotts in 2010 and put it up for sale. The banks currently control the 315 million euro loans from the department store, which stem from Arnotts problematic purchasing of...

Design

Irish retailers confident 2013 to bring sales growth

Irish retailers have shown their joy after seeing more shoppers who spent more than the past five years, according to latest released data. The Central Statistic Office (CSO) retail sales index increased marginally for the three months up to October ahead of the busy shopping period and retailers expect a further increase on the Christmas...