In a note with the accounts the directors caution that since February 2022, there have been significant challenges in global supply chains and accelerated broad based input cost inflation driven both by the war in Ukraine and Covid-19 related disruptions in China.
The note said that the financial support provided by the Covid-19 wage subsidy scheme was phased out commenced February 1st, 2022, and has now ceased. The accounts said that “going forward the company intends to continue to build the business based on introducing contemporary ranges, new product initiatives and expansion across luxury home and lifestyle categories”.
Numbers employed increased by one to 139 in 2021 as staff costs increased from €5.44 million to €6.2 million.
Like every other company in Ireland, even the Irish Times !!!!!
Still baffles me how this isn’t classed as a phoenix company