Therapie plumps up its business with new clinics

TEN years ago, beauty clinics were all about facials. Now they are increasingly likely to involve needles. Capitalising on this demand for Botox and fillers, beauty group Therapie Clinic is on a major expansion drive and last week launched a new city centre clinic focusing on injectable treatments and cutting-edge skincare brands. The clinic — on South William Street in Dublin city — is one of five new openings for Therapie Clinic this month, bringing locations to 22. The business is led by Philip McGlade and his sister Katie, part of a well-known business family. Their father Paul co-founded Champion Sports and the family have also invested in the hospitality trade and own Pygmalion, a bar a few metres away from the new clinic. Other new clinic locations include Henry Street and Dundrum Town Centre in Dublin, as well as Limerick and Wexford.

LOOKS like US private equity giant Oaktree Capital is getting its ducks in a row to begin building a major two-part extension to The Square shopping centre.

Oaktree bought the Tallaght complex back in February for a reported €250m and has now applied for an extension to an existing five-year planning permission for the huge extension granted by An Bord Pleanala back in 2014. Oaktree’s planning experts have argued that legal proceedings had stopped it beginning work on car park lands at the site and that the entire project will take three years to complete.