The Gift Voucher Shop, which is behind the One4All brand, has said rumours that it is in financial difficulty are “without foundation and untrue”.
In a statement the company, which is a subsidiary of An Post, said it wanted to assure all customers that its vouchers were still redeemable in participating shops around the country.
It said the company recorded a 14% increase in turnover in 2012 to over €150 million and was confident of achieving growth again this year.
The company was established in 2002 and operates in Ireland, Britain and Malta, selling One4All vouchers that can be redeemed in various shops.