Tommy Hilfiger to close Grafton Street store US fashion retailer exercises break option in lease 12 months early and pays €1.7m rent due
Thu, May 13, 2021, 15:00 Updated: Thu, May 13, 2021, 16:33
While all eyes will be on the long-awaited reopening of non-essential retail next Monday, Grafton Street in Dublin will be without a Tommy Hilfiger store.
Having remained closed since last Christmas due to Covid-19 restrictions, the US fashion retailer has decided to shut its flagship premises permanently.
While the impact of the pandemic is believed to have influenced the move to a certain degree, it is understood that the company has decided to exercise the 15-year break option on its 25-year lease 12 months early.
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