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#MARKETPLACE - "Dog eat dog" competition on the high street prompted Dubarry's managing director to reposition the shoe company as a supplier of premium boating clothing and footwear, as The Irish Times reports.

Eamonn Fagan explains how he saw an opportunity 30 years ago to break the traditional autumn/winter collection cycle by launching a new spring/summer line with boating in mind.

Enter the company's signature Admiral deck shoe, which has since become the firm's biggest seller, with a loyal following among sailors and landlubbers alike.

Since then the company has rolled with the changing tides, such as outsourcing its manufacturing ahead of the curve, which has protected it somewhat from the damage wrought by the economic downturn: profits last year were on the up, thanks to overseas sales, and no jobs have been lost in the recession.

Moreover, it continues to launch new designs, such as the Sligo deck shoe, and also branched into clothing in 2005 with a nautical range that now accounts for around 30% of sales.

“One of the more unusual things about Dubarry is that we largely ignore cost when designing a new product,” says Fagan. “Our view is that if the product is right, we will reap the rewards over time."

It's expected that some of these rewards will be reaped shortly when Dubarry opens a flagship store on Dublin's College Green.

The Irish Times has much more on the story HERE.

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.