Avoca ‘won’t remain in family’s hands’, says boss

It has been owned by the Pratt family for 40 years, but Avoca, the fashion and food retail chain, is likely to be sold before it passes to the next generation.

In an interview with The Sunday Business Post, Avoca’s managing director Simon Pratt said he and his four siblings don’t plan to hand the business on to their children. “It would be our view that the company won’t be passed on to ...