Monday 22 October 2018

Soapbox... Is the boom really back?

...and Is the so-called 'Celtic Phoenix' all it's cracked up to be?

Illustration Rachel Corcoran
Illustration Rachel Corcoran

Tanya Sweeney​

FORGET the facts, figures and bilious blatherings of politicos. Here, finally, was the blessed sign that the bad times were with O'Leary in the grave: the unrelentingly long queue at the Nespresso concession in Brown Thomas.

The department store announced that the capsule-coffee company had brewed up a €6m turnover in 2013 alone. Now that's a lot of upmarket coffee capsules.

Every few days, a photo or link pops up on Facebook and Twitter to remind us that as a nation, we're back to having Notions again. Receipts of seven-euro pints in Temple Bar, avocados on everything, a Space NK Apothecary doing brisk business on Grafton Street. Eye-watering profits in joints across the capital from Copper Face Jacks (€5.6m in 2013) to Patrick Guildbaud's restaurant (€356k for August 2012-3). In the latter, a three-course dinner complete with foie gras and Blue Lobster can cost around €130 a head, before wine. And in August, the two Michelin star eaterie reported its best trading year in its 33-year history. We're even buying Beemers again; in July, the BMW Ireland company reported an 8.4pc rise in sales of premium vehicles and SUVs compared with the same period in 2013.

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