Survey reveals that 29pc of large Irish firms were forced to pay a cyber ransom last year
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Irish Daily Mirror
an hour ago
- Irish Daily Mirror
Kellie Harrington slams 'worrying' proposal: 'Surely it is some sort of joke'
Irish Olympic hero Kellie Harrington has slammed a proposal that would see part of inner city Dublin redeveloped. Harrington has voiced her concerns over plans for parts of the inner city to be redeveloped, namely the Sheriff Street area and part of Amiens Street, and believes that the proposal is very worrying. The topic came to the forefront in recent weeks after An Post CEO David McRedmond, who is a member of the Irish government's City Centre Task Force, praised plans to "completely rebuild the Sheriff Street area from Amiens Street to Spencer Dock," in a Business Post article. When pushed on his comments, McRedmond clarified himself and said that the project was concerned with "renewing public space" and that it wasn't about people's homes and houses in the area. However, in a video shared by Dublin Councillor Daniel Ennis which shows a 3D mock-up of what a redeveloped Sheriff Street and surrounding areas would look like, a clear reference is made to renovating and redeveloping existing homes in the area. Commenting on the video shared by Councillor Ennis on social media, Harrington wrote: No this can not be real??? Surely it is some sort of joke??? "Do they think they can flatten the homes of all these families ? What's going on in this country ? The fact this video has been made and the community has no understanding of it is very very worrying." A proud native of Sheriff Street, Harrington is an icon of the inner city and has enjoyed joyous homecoming celebrations in the area following her Olympic gold medal wins in 2021 and 2024. In a later post, Councillor Ennis has stated that he is seeking a meeting urgently with the City Centre Task Force to discuss the matter.
The Journal
2 hours ago
- The Journal
Over 250 unsafe baby carriers, slings, and walkers removed from sale over non-compliance
LAST UPDATE | 36 mins ago OVER 250 BABY products, including baby carriers and slings, have been removed from online marketplaces such as Amazon and Shein following a Europe-wide operation involving Irish consumer protection officials. The authorities, including Ireland's Competition and Consumer Protection Commission (CCPC), examined some 1,741 listings as part of a major sweep of baby products for sale on online marketplaces. Authorities went on to send 252 takedown orders to providers of online marketplaces regarding dangerous products offered on their interfaces. The sweep followed the introduction of new product safety legislation in December 2024. Officers analysed the listings for compliance with minimum product safety information rules, which require clear details of the manufacturer and EU responsible person to be displayed. The CCPC said this information is 'crucial for the protection of babies and children from dangerous or faulty products'. Following the sweeps conducted in April and May of this year, 252 takedown orders were sent to the online marketplaces, regarding listings that failed to meet minimum safety and compliance information requirements or featured products that had already been recalled from the market. Advertisement Safety officers from Ireland's CCPC issued 72 of the EU's 252 takedown orders, which targeted baby carriers, slings, and baby walkers. All 72 listings were removed at the CCPC's request from sites including Amazon, Shein, Etsy, eBay, Fruugo and Joom. Of the 252 takedown orders, 155 related to 'very large online platforms' such as Aliexpress, Amazon, Shein, Temu and Zalando. The remaining 97 were sent to other, smaller platforms. Brian McHugh, chair of the CCPC, noted that many parents turn to online marketplaces for convenience when buying baby products and added that they 'deserve to know that those products are safe'. He said the CCPC's product safety officers issue recalls for tens of thousands of items every year and that traceability is 'critically important'. 'Online marketplaces have a duty to be transparent about what they're selling and provide contact details in the event a product is unsafe,' said McHugh. He added that the online marketplaces 'co-operated when we contacted them' and that the 'listings were taken down promptly'. 'The work of our officers, in collaboration with colleagues across the EU, has stopped hundreds of potentially unsafe products being offered for sale to Irish consumers,' said McHugh. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
Irish Examiner
2 hours ago
- Irish Examiner
Penneys revenues dip as poor weather left trading 'flat' in 2024
The firm which operates retailer Penneys recorded daily average pre-tax profits of more than €2m last year despite "flat" Irish revenues. New accounts lodged by Primark Ltd show that the company's pre-tax profits more than doubled from from €416.63m to €881.5m in the 12 months to the end of September 14th last. However, the impact of poor weather conditions during Summer 2024 contributed to revenues from Penney's Irish store network dipping marginally from €744.5m to €741.7m. The €741.7m in revenues for the 52 weeks work out at the average weekly revenues of €14.26m for the 38-unit Irish strong network of Penneys stores. The directors state that 'Irish store trading performance was flat in the current year with trade stronger in the first half of the year'. They state that 'trade in the second half of the year was impacted by adverse weather conditions. The opening of the Bray store in summer 2024 negated this somewhat," they said. A spokesman for Primark said on Friday: 'In Ireland, we're continuing our multi-year €250m investment programme, including recent refurbishments of Penneys O'Connell Street in Dublin and Limerick city, with further store redevelopments planned in the coming months for stores in Portlaoise, Limerick, and Ennis.' The refurbished Penney's on Limerick's O'Connell Street was opened last week after an investment of €5m. The accounts start that the €250m investment programme over the coming years will create an additional 1,000 jobs and increase selling space in Ireland by an estimated 20%. The directors state that a new state-of-the-art distribution facility for Newbridge, Co Kildare represents an investment of €75m 'which is due within the next year'. The directors state that the overall Irish investment 'reinforces the company's long term commitment to cities, towns and local communities across the country". Overall, revenues at Primark last year increased by 5% from €3.91bn to €4.1bn and revenues were made up of €2.1bn of revenues from intercompany supplies of inventory; Primark Way franchise income of €1.25bn, and the remaining €741.7m from Irish retail revenues. The Primark Way franchise is a business format which is developed and run from Ireland and provides Primark intellectual property, know-how, and services to Primark businesses overseas. The Primark spokesman said: 'We had a positive year in 2023-2024 with increased turnover and profit due to strong trading across our key growth markets in Europe and the US as well as steady performance from our Irish stores and the addition of a new store in Bray. 'We continued to benefit from the relevance of our great-value clothing and the expansion of our product and category offering. It also reflects the success of our store rollout programme internationally with highlights including entering our 17th market of Hungary and opening our 450th store in Orlando, Florida." The accounts disclose that the company paid out dividends of €809m. The company recorded a post tax profit of €771m after incurring a corporation tax charge of €109.9m. Primark opened its first store in Dublin in 1969 under the name Penneys with the firm aiming to have 530 stores open globally by the end of 2026. The profit last year takes account of non-cash depreciation costs of €86.53m and non-cash amortisation costs of €45.35m. Numbers employed by the firm last year decreased slightly from 7,064 to 7,054 made up of 5,033 retail assistants, 595 retail managers and 1,426 'central'. Staff costs increased from €300.19m to €319.03m. Directors last year received variable payroll amounts of €5.12m, €4.2m under long term incentive plans while €950,000 was also paid out for compensation for loss of office. At the end of September 14th last, Primark Ltd's accumulated profits stood at €1.6bn.
