Capnua

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Flyefit, which opened its first gym at the height of the downturn in 2011, costs members €29 a month. Photograph: Terry McGrath
Flyefit plots fundraising to double gym to 35

Low-cost gym chain Flyefit is planning to raise tens of millions of euro to fund a doubling of its network to 35 locations over the coming years. Fl(...)

No 69 Lower Leeson Street offers the potential for a mews development subject to planning
Lower Leeson Street Georgian offers scope for development at €2.4m

Agent Knight Frank is guiding a price of €2.4 million for a four-storey-over-basement Georgian building with development potential in Dublin. Located(...)

Should a business stick to its knitting or should it look to diversify through acquisition?
Diversification: is it a worthwhile risk for companies to take?

Should a business stick to its knitting or should it look to diversify through acquisition? As always, context is important and it depends. “If you c(...)

The growth of cyber security as a concern is having an impact on corporate acquisitions.
Cyber fraud issue enters boardroom as prevalence rises

If there is any upside to cyber fraud, it can only be that its growing prevalence has brought technology to the top table. “We are seeing a shift am(...)

Elverys recorded a €1.14 million pretax profit compared to a €20.1 million loss a year earlier as it opened a number of new retail outlets. Photograph: Aidan Crawley
Sports retailer Elverys back in profit as expansion on the cards

Irish-owned sports retailer Elverys Intersport, which was bought out of examinership by its management nearly three years ago, is looking to expand it(...)

Elverys is to create 40 new jobs as part of a €1.5 million investment
Elverys, Smarter Surfaces to create 69 new jobs in Ireland

Two companies have announced the creation of 69 new jobs in Ireland. Irish-owned sports chain Elverys Intersport is to create 40 new positions as part(...)

Transparency is at the heart of the Elverys case.
Pre-pack receiverships need statutory framework

Last Friday, news emerged that sports retailer Elverys was going to be placed into receivership that day before being acquired by the management team (...)

Mike Ashley: he controls the listed UK retailer Sports Direct, which owns a 50 per cent stake in Heatons, the Irish department store chain
Ashley comes to Dublin to gatecrash Elverys buyout

Mike Ashley, the billionaire owner of Newcastle United football club, flew into Dublin over the weekend as part of a last- ditch bid to prevent the pr(...)