New accounts filed by Ralph Lauren Ireland Ltd confirm that the premises was closed last November, and surrendered back to the landlord.
The company directors say the children’s store has been consolidated within the men’s and women’s store division here. Its inventory has been transferred and will be sold from there.
The closure of the standalone children’s store followed pre-tax profits at Ralph Lauren Ireland Ltd increasing by 12pc to €351,300 in the 12 months to the end of March 29 last. Revenues increased by 11pc from €8.26m to €9.19m.
The directors say the closure of the children’s store does not have any significant impact on the company’s accounts.
Revenues are driven by sales in Ralph Lauren stores in Ireland. The directors say they “are satisfied with the level of profitability achieved by the company during FY25”.
The company commenced trading in August 2007 as a factory outlet store at Kildare Village selling clothing and accessories.
Numbers employed last year increased from 66 to 71 as staff costs rose by 19pc from €1.18m to €1.4m.
The profits last year take account of right of use asset non-cash amortisation costs of €572,615 and non-cash depreciation costs of €87,885. They also take account of variable lease expense costs of €79,045.
Operating expenses increased by 15pc to €3.95m in 2025.
The accounts disclose that on September 9 last, Ralph Lauren Corporation issued a letter of comfort in respect of the provision of financial support to assist Ralph Lauren Ireland Ltd in meeting its liabilities as and when they fall due.
On the business’s future developments, the directors say the group will continue its strategy of refocusing on core brands and evolving its product, marketing, and shopping experience to increase desirability and relevance.
The directors say the business also intends to evolve its operating model to enable sustainable, profitable sales growth by significantly reducing supply-chain lead times, improving its sourcing, and executing a disciplined multi-channel distribution and expansion strategy.
The company recorded a post-tax profit of €293,230 after incurring a corporation tax charge of €58,070.
At the end of March 29 last, the firm had accumulated profits of €2.6m while its cash funds increased from €578,193 to €884,718
Globally, Ralph Lauren’s revenues increased by 7pc to $7bn (€6bn) in the 12 months to the end of March 29 last.
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