Victoria’s Secret considering closing Dublin’s Grafton Street store

The lingerie retailer Victoria’s Secret is mulling the closure of its store on Grafton Street in Dublin. The Sunday Times understands the company has been examining whether a sublet to another retailer is possible. A final decision is yet to be made.

The Grafton Street store is Victoria’s Secret’s only shop in the Republic of Ireland, though it has signed a lease on a unit at Opera Lane in Cork.

The property is owned by the waste entrepreneur Eamon Waters, who bought it for €28 million in 2023. Victoria’s Secret opened on Grafton Street in 2017, signing a 20-year lease. British Next Plc bought a majority stake in the UK business in 2020. It operates the stores in the UK and Ireland.

Victoria’s