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Joules has reportedly made a series of redundancies across its senior positions, a week after the announcement that the group had fallen into administration.
According to Retail Week, the retailer‘s channels director Rimal Patel and brand and creative director Chloe Ward have both left the business, while CFO officer Caroline York is also set to leave later this week.
It is reported that Joules said 11 other staff were made redundant on Monday, with notice given to a further six who will leave before the middle of December.
The news comes just a week after Joules filed for administration as its board failed to find a buyer.
A spokesperson for the joint administrators at Interpath Advisory said: “While we continue to trade the business as a going concern, it is with regret that the joint administrators can confirm that a limited number of redundancies have been made at the Company’s head office. A wider consultation process for employees remains ongoing, as is typical during an administration process.
“We continue to explore the significant number of expressions of interest that we have received since our appointment, and remain optimistic about securing a future for the business.”
