Trading conditions at Arnotts still ‘volatile’, say directors

Trading conditions at Arnotts still ‘volatile’, say directors

Trading conditions at Dublin city centre store Arnotts are “volatile” and “challenging”, its directors have said.

As the battle between Apollo and Noel Smyth’s Fitzwilliam for control of the business continues to be waged, its newly released 2014 accounts include a note on its current performance.

“Despite the economic backdrop improving, retail performance continues to be volatile and remains challenging,” directors including chief executive Ray Hernan and chairman Nigel Blow said, adding that the legacy...

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