Irish fashion rental business Drobey opens new location in €50k expansion plan
Interview
Irish fashion rental business Drobey opens new location in €50k expansion plan
Emma Hanrahan
12:32
Sisters Nicky Dwyer and Ella Dwyer, co-founders, Drobey: 'Pricing is a big draw for younger consumers, and sustainability'. Picture: Fergal Phillips
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Dublin Live
an hour ago
- Dublin Live
Alcohol consumption by Irish adults drops
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info The level of alcohol consumption by Irish adults has fallen by almost 5% in the last year. The latest data has been described as consistent with a downward trend recorded over the last 25 years. A new report by economist Anthony Foley found the average alcohol consumption per adult fell by 4.5% last year to 9.49 litres of pure alcohol. This is a drop of more than one-third (34.3%) since 2001. Total consumption in Ireland fell by 2.4% last year to 41.5 million litres, which equates to an overall 4.5% drop in alcohol intake per person when last year's 2.3% increase in the population is taken into account. The report indicates that consumption tastes are also evolving. Beer was Ireland's most popular alcohol last year, with its market share increasing by 0.4% to 43.3% despite an overall drop in beer consumption. Wine was the second-most popular drink, increasing its market share by 0.1% to 28.2% in 2024. Its popularity has increased significantly since 2000 (13.2%). Meanwhile, spirits fell by 0.4% to 22.3% and cider fell by 0.1% to 6.1%. The report was commissioned by the Drinks Industry Group of Ireland (Digi), which said the figures demonstrated that Irish people are increasingly drinking alcohol in moderation. It follows other recent data which suggests that alcohol consumption in Ireland is now at average European levels. OECD data for 2022 revealed that Irish consumption ranks behind countries including France, Spain and Austria, and a separate report by the Health Research Board last year also indicated that Ireland's alcohol consumption was at average levels by EU or OECD standards. Donall O'Keefe, the secretary of Digi and chief executive of the Licensed Vintners Association, said the findings are reflective of a trend over the last 25 years. He has also called on Government to cut excise rates. "Today's figures offer clear proof of what many of us already know – Irish people are increasingly drinking in a restrained manner, with consumption continuing the downward trajectory that has been recorded since the millennium," he said. "In contrast to the negative stereotypes that once existed, alcohol consumption in Ireland is now at average European levels, with the purchase of non-alcoholic drinks continuing to increase. "This downward trend also raises the obvious question as to why Ireland continues to have the second-highest excise rates on alcohol in Europe. "Given that we now consume alcohol at average European levels it makes sense that we should pay excise at average European levels also. "This is particularly true following the introduction of minimum unit pricing which prevents the sale of strong alcohol at low prices in supermarkets and shops. "Across Ireland, hundreds of small rural pubs and restaurants are struggling for survival due to repeated increases in the cost of doing businesses, including staff, energy and insurance. "A cut in excise would offer these businesses an opportunity to continue acting as vital hubs in their communities, as well as a crucial part of our tourism product." "Digi will be seeking a 10% cut in excise in this year's budget as an urgent measure to give these businesses a fighting chance of survival." The Digi report was compiled by Prof Foley, associate professor emeritus at Dublin City University, using data from the CSO population and migration estimates for April 2024 and the Revenue Commissioners' alcohol clearances data. Join our Dublin Live breaking news service on WhatsApp. Click this link to receive your daily dose of Dublin Live content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice . For all the latest news from Dublin and surrounding areas visit our homepage .
RTÉ News
an hour ago
- RTÉ News
Green light for Fáilte Ireland food hall in Dublin 2
Dublin City Council has given the green light to Fáilte Ireland for its planning application to establish a food hall at the vacant St Andrew's Church on Suffolk Street in Dublin 2. The council has granted planning permission after concluding that the planned food hall would comply with the zoning objective of the site and would not detract from the area's civic character. Fáilte Ireland will not be operating the food hall itself but will now instead press ahead with its plans to seek an experienced operator to lease the space out for food hall use. In a letter to Dublin City Council, Laura McCarthy from Fáilte Ireland stated that "the proposed change of use for the premises has the potential to create a major centrally based asset for the city, with the potential to inject cultural and economic value which would benefit local residents, employees and all visitors, both domestic and foreign". Manager at Corporate Services at Fáilte Ireland Ms McCarthy pointed out that food tourism generates around €2 billion to the Irish economy each year. She said: "In order to generate and sustain further economic opportunity and economic development we need to create iconic food and drink experiences – the proposed change of use and redevelopment of St Andrew's would be the embodiment of that vision. Ms McCarthy adds: "It is envisaged that the proposed food hall will showcase the best of local and Irish produce within a very high-quality setting which will not only reinvigorate but repurpose part of our capital city's historic building inventory." Planning documents stated that the new food hall has the potential to generate 30-40 full and part time jobs. The Swords-based Wright Group secured planning for a food hall at St Andrews church in 2019through its Mink Fusion subsidiary but with the Covid-19 pandemic intervening the firm did not proceed with the five year planning permission. In a separate planning report lodged with the application by David Mulcahy Planning Consultants, it stated that the proposed new use "will bring life back to this vacant building which is one of the most prominent buildings in the city". Mr Mulcahy stated that "the concept of a food/dining hall, which is essentially a permanent indoor market with associated dining facilities, is well established in most European cities and they are very popular for tourists, city residents and local employees". He said that the emphasis will be on showcasing local produce, fresh where possible,and all individual vendors will be required to provide a high quality offering.
RTÉ News
an hour ago
- RTÉ News
Greencoat Renewables lists on Johannesburg Stock Exchange
Greencoat Renewables has become the first Irish company to list on the Alternative Exchange of the Johannesburg Stock Exchange (JSE). The secondary listing by the the renewable energy infrastructure company, took effect at the opening of trading on the JSE this morning. The company was joined by Irish Ambassador to South Africa, Austin Gormley to bang the drum. When the company was granted approval for the listing last month, it said admission to the JSE is expected to be beneficial to the company over time as it will enhance liquidity, diversify the shareholder base and position Greencoat for growth by providing access to a new and deep capital market. It added that it remains listed on the Euronext Growth Market in Dublin and the Alternative Investment Market in London.
