Saturday, July 12, 2025

Saint Laurent Sees Irish Revenue Tumble 34 Per Cent

Accounts just filed here by Saint Laurent Ireland Ltd show that it made a profit of €228,885 on revenue of €6.18 million for the 12 months to December 2024. This compared with a profit of €336,729 on income of €9.4 million for a 14-month period to the end of December 2023.

The brand, which also goes under the Yves Saint Laurent and YSL brands, is part of the Kering Group, which saw revenue of €17.2 billion in 2024, down 12 per cent against €19.6 billion the year prior.

In accounts filed with the Companies Registration Office, Saint Laurent's directors said the brand faces the risk every year that its new collections "may be received less positively than anticipated".

One of the largest luxury fashion brands in the world, Saint Laurent opened a concession store in Brown Thomas' Grafton Street store in July 2021 and recorded strong post-tax profit of €397,307 in its first, extended, financial period from revenue of €9.18 million.

Reference: See here

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