Search
06 Sept 2025
Search
06 Sept 2025
Please allow ads as they help fund our trusted local news content.
Kindly add us to your ad blocker whitelist.
If you want further access to Ireland's best local journalism, consider contributing and/or subscribing to our free daily Newsletter .
Support our mission and join our community now.
To continue reading this article, you can subscribe for as little as €0.50 per week which will also give you access to all of our premium content and archived articles!
Alternatively, you can pay €0.50 per article, capped at €1 per day.
Thank you for supporting Ireland's best local journalism!
The former Fruit of the Loom factory in Buncrana which closed in 2009
The Buncrana-based operation of clothing group Fruit of the Loom has posted a 62% increase in its after-tax profit.
The company, which once employed more than 3,500 people at facilities in Donegal and Derry, employs 24 people in Buncrana at its Irish operation, Fruit of the Loom International.
Fruit of the Loom once employed staff at Buncrana, Malin Head, Raphoe, Milford and in Derry at Templemore and Campsie.
Its Buncrana factory, once the company’s biggest facility in Ireland, closed in 2009 after the firm moved production to Morocco.
The Buncrana-based operation reported its profit after tax rose from €15.5 million in 2022 to €25.2 million for the year ending December 31, 2023, according to The Business Post.
The increase in profits comes despite a €27.1 million decrease in turnover for the year to €255.5 million.
The company’s operations focus on sourcing finished products for sale and the Irish arm owes a clothes manufacturing facility in Vietnam.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.
This publication supports the work of the Press Council of Ireland and Office of the Press Ombudsman, and our staff operate within the Code of Practice of the Press Council. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, Lo-call 1800 208 080 or email: info@presscouncil.ie.
