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Ireland’s Born Clothing shutters after 16 years, 15 stores to close

Born Clothing, an Irish retail chain, is set to shutter 15 stores after provisional liquidators were appointed to oversee the closure of the business. According to Irish broadcaster RTE, the High Court made the appointment after a hearing in which the retailer’s struggles with mounting debt, pandemic impact, minimum wage increases, and high...

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Former LVMH executive launches Ireland’s first luxury group

Ashley McDonnell, an Irish-American executive with experience across LVMH, Google and Puig, has launched Ireland’s first luxury conglomerate, VYKO Group, designed to acquire and scale emerging luxury brands. In a statement, McDonnell, who has more than a decade of global leadership within the luxury and technology sectors, with senior roles at...

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