Saturday September 26, 2020

Waterford Crystal turnover falls by more than €12m

The legendary Irish brand has struggled in recent years due to a drop in US and European sales

Barry J Whyte

Chief Feature Writer

9th February, 2020
The majority of Waterford Crystal’s sales are in the US where sales have dropped

Waterford Crystal’s turnover fell by more than €12 million in 2018 and continued to struggle through 2019, mainly due to a drop in the sale of its goods in the US.

The most recent accounts for WWRD Ireland showed that its total turnover fell from €55.6 million in 2017 to €44.3 million in 2018. The majority of Waterford Crystal’s sales are in the US, and the revenue generated from that market fell from €33.5 million...

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