News | Latest Breaking News Stories & Headlines

Tánaiste pays tribute following death of Hilary Weston

The Tánaiste has paid tribute following the death of Hilary Weston, who helped build both Penneys and Brown Thomas.

Selfridges' flagship site on London's Oxford Street

Saudi wealth fund buys 40% stake in Selfridges

Saudi Arabia's sovereign wealth fund has agreed to buy a significant stake in department store firm Selfridges, which owns Arnotts and Brown Thomas department stores here.

Business • 09 Oct 24

Signa is the parent group of Brown Thomas and Arnotts here

Austrian court approves cost-cutting moves at Signa

An Austrian court has approved cost-cutting measures at property tycoon Rene Benko's Signa Holding, which last week filed for insolvency, the administrator said today.

Business • 06 Dec 23

Brown Thomas Arnotts operates shops in Dublin, Cork, Limerick and Galway

Brown Thomas Arnotts shareholder files for insolvency

Signa, a shareholder in the parent group of Brown Thomas Arnotts alongside Central Group, has today filed for insolvency after a last-minute attempt to raise emergency funding failed.

Business • 06 Dec 23

Gucci is renowned for its range of very expensive handbags

Gucci Ireland sales surge by 77% to €4.09m

Sales at the Irish arm of luxury brand Gucci last year soared by 77% from €2.31m to €4.09m.

Business • 24 Jan 23

New accounts for Brown Thomas Arnotts Ltd show that the group returned to profit after revenues increased by €95.8 million

Brown Thomas and Arnotts return to profit

The company behind two of the best known retail names in Ireland, Brown Thomas and Arnotts has this year returned to profit to record pre-tax profits of €8.94 million.

Business • 27 Oct 22

Brown Thomas on Grafton Street is among the assets included in the Selfridges takeover

Takeover of Brown Thomas and Arnotts' parent completed

The takeover of the Selfridges Group, including Brown Thomas and Arnotts, by the Thai based Central Group and Swiss headquartered SIGNA Holding has been completed.

Business • 18 Aug 22

Brown Thomas' Dundrum shop will include areas focused on sustainability

Brown Thomas opens €12m Dundrum shop

Brown Thomas has opened a new shop in Dundrum Town Centre, following a €12m investment by the luxury retail group.

Business • 24 Feb 22

Brown Thomas on Grafton Street in Dublin is included in the sale

Brown Thomas and Arnotts sold in €4.7bn Selfridges deal

Department stores Brown Thomas and Arnotts are to be sold as part of a €4.7bn deal that will see their parent, Selfridges Group, acquired by a Thai and Austrian consortium.

Business • 24 Dec 21

Brown Thomas is owned by the Selfridges Group

Central Group days from closing $5.31bn Selfridges deal

Thailand's largest department store owner, Central Group, is just days away from closing a $5.31bn acquisition of Selfridges stores in the United Kingdom, according to two sources familiar with the matter.

Business • 22 Dec 21

The Darci Baby dolls are manufactured by US toy company FAO Schwarz

Brown Thomas and Arnotts stop selling 'adoption' dolls

Arnotts and Brown Thomas are to stop selling a brand of 'adoption' dolls following complaints to Liveline on RTÉ Radio 1.

Ireland • 10 Dec 21

Selfridges owns the Brown Thomas and Arnotts department stores in Ireland

Owner of Brown Thomas and Arnotts up for sale

Selfridges, the owner of the Brown Thomas and Arnotts department stores in Ireland, has been put up for sale.

Business • 27 Jul 21

Brown Thomas and Arnotts are owned by the Weston family

Brown Thomas and Arnotts could be changing owners

Dublin retail giants Brown Thomas and Arnotts could be changing owners.

Business • 14 Jun 21

Brown Thomas is part of the Selfridges Group

Brown Thomas and Arnotts owner in sale approach

Selfridges Group, the owner of Brown Thomas and Arnotts, is reported to be up for sale for around £4bn after it was approached by a potential buyer.

Business • 10 Jun 21

Penneys stores accounted for 30 of the top 50 retailers in the country for Revolut spending yesterday

Revolut users spend big in Penneys as retailers reopen

Revolut users spent more money in Penneys stores than any other non-essential shops in the country on the first day of the reopening of retail yesterday.

Business • 11 May 21

Galen Weston was responsible for building businesses across two continents

Death announced of businessman Galen Weston

The death has been announced of well-known businessman Galen Weston.

Business • 13 Apr 21

Arnotts and Brown Thomas re-opened stores in June, however sales remain well below pre-Covid levels

Brown Thomas Arnotts to cut 150 jobs due to Covid-19

The owner of retailers Brown Thomas and Arnotts is to cut 150 jobs due to the impact Covid-19 has had on sales.

Business • 13 Aug 20

Brown Thomas Arnotts to fully re-open this week

Brown Thomas in Dublin's Grafton Street and Arnotts in Henry Street will fully reopen on Wednesday June 10 as part of the Government's revised phasing for reopening society and business.

Business • 08 Jun 20