Ann Summers to open new store on Henry Street
Shop predicted to double its turnover in the much busier shopping district
Ann Summers “pleasure emporium” sells a wide range of lingerie as well as sex toys
Almost 17 years after it opened for business on O’Connell Street to a mixed reception, the Ann Summers “pleasure emporium” is to open a new shop on the much-busier Henry Street.
The London-based company is expected to pay a rent of about € 375,000 to Irish Life for the former Pamela Scott store at No 3 Henry Street, which has been vacant for several weeks. The O’Connell Street premises is a few doors away from Clerys, which is expected to be redeveloped following its closure last June. Local traders have reported a further slowdown in pedestrian traffic on the street in recent weeks.
In spite of the slippage in business on O’Connell Street in recent years, Ann Summers dodged the worst of the retail downturn with customers choosing to spend more on their sex life amid the economic gloom. The Dublin shop is among the three best performing of the company’s 140 outlets as the sex shop chain repeatedly pushes to establish itself as a high-street mainstay.
One of Dublin’s top retail agents predicted that in its new location opposite the Ilac Centre, Ann Summers should be able to double its O’Connell Street turnover because of the heavy pedestrian traffic, much of it by young middle-income workers.
He added that with an increasing tendency by couples to stay at home to save money, women were buying more adventurous apparel to add spice to their relationships. On weekdays in many of the shops, about 80 per cent of the customers are women, while on weekends, 50 per cent of the store’s customers are men.
Sex toysSex and the City
A spokesperson for Ann Summers yesterday confirmed that the O’Connell Street store would continue to trade after the second store opens for business, probably before the end of March.
The current lease from the Aviva-owned block opposite the GPO has a little over two years to run.
The official opening of the new store on Henry Street promises to be more entertaining than the original launch in O’Connell Street. A week before that store opened, the UK company got a lots of negative publicity and was sent a bullet in the post. The text accompanying the bullet said: “If you set up a new shop on our main street, you’ll need very heavy security.”