Green in the black with two Irish labels
Pre-tax profits at the Irish arm of Christina Green's retail firm, Topshop and Topman, increased more than six-fold last year to £1.84m (€2m).
Revenues at Topshop/Topman (Ireland) had risen by 9pc from £23.42m to £25.58m in the 12 months to the end of August 2016.
The profits take account of an exceptional, non-cash £390,000 charge in connection with future lease obligations of the firm's loss-making stores and impairment of tangible assets.
Numbers employed by the company last year increased from 361 to 378 with staff costs up from £4.6m to £4.85m.
Ms Green and her husband Philip have overseen the growth of the clothing brands. Figures from a separate Green Irish firm - which operates the Burton, Dorothy Perkins and Evans brand names - reveal that pre-tax losses fell sharply from £1.8m to £535,000 last year.
Accounts for Arcadia Group Multiples (Ireland) show that the drop in losses came about as the company's revenues increased marginally, up from £17.66m to £18.3m.
The loss takes account of an exceptional non-cash cost of £833,000 against the future lease obligations of its loss-making stores and also impairment of tangible assets.
Numbers employed at the company last year increased from 360 to 370, with staff costs falling slightly from £4.6m to £4.5m.
Accounts for a separate Green firm, Wallis Retail (Ireland), show that it also reduced its pre-tax losses in 2016, from £419,000 to £283,000.
This followed revenues marginally increasing to £9.97m.