Garden Trading
This coverage examines Garden Trading’s strategic developments and performance within the UK home and garden retail sector, offering insights for professionals overseeing brand revitalisation, ecommerce growth, and product development. It highlights sales performance, product range expansion, customer engagement initiatives, and the brand’s response to market trends — providing context for strategic decisions in the home and garden category.
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Nov- 2022 -22 NovemberClothing & Shoes
Crew clothing eyes Joules takeover
Crew Clothing’s owner and majority shareholder is reportedly considering acquiring embattled retailer Joules out of administration, according to Drapers. The outlet has revealed that the Brigadier Acquisition Company, which is owned by Menoshi Shina, is in talks with administrators Interpath Advisory about a potential rescue deal that could see a…
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17 NovemberClothing & Shoes
Joules collapses into administration
Joules has officially appointed administrators and is set to be wound up after talks with potential investors collapsed, with up to 1,600 jobs at risk. Will Wright, Ryan Grant and Chris Pole from Interpath Advisory have been appointed joint administrators of Joules Group plc and Joules Limited. At the same…
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14 NovemberClothing & Shoes
Joules to fall into administration, 1,600 jobs at risk
Joules is set to appoint administrators after talks with potential investors collapsed, with up to 1,600 jobs now at risk. Earlier this month, the company announced it was in advanced discussions with a number of strategic investors regarding financing options for the group. It spoke with a number of strategic…
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7 NovemberClothing & Shoes
Joules explores CVA as trading lags behind expectations
Joules has announced it is exploring a possible CVA after trading continued to soften in recent weeks, as it continues to work alongside Interpath Advisory to explore a number of options to secure the group’s future. As part of its turnaround plan, the group also advanced discussions with a number…
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Aug- 2022 -19 AugustClothing & Shoes
Joules faces FY loss as summer sales suffer
Joules has warned that it expects to deliver a full-year loss that is “significantly” below market expectations in its next financial results, amid rising inflation and weak trading in recent weeks. Over the five weeks to 14 August, since its last trading update in July, the group noted trading has…
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Feb- 2022 -9 FebruaryClothing & Shoes
Joules to increase prices amid rising costs and supply issues
Country lifestyle retailer Joules has announced it is to increase the prices of some of its items in a bid to improve its profitability in the face of rising costs and supply chain issues. In its interim results for the 26 weeks ended 28 November 2021, Joules said that after…
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Jan- 2022 -11 JanuaryFeatures
Diversification – the pandemic lifeline
Business diversification is not a novel notion. Renowned e-commerce website Amazon is said to be one of the early companies that diversified its offerings, transitioning from a marketplace of reading material to the commercial giant it is now. The eruption of coronavirus demanded more innovation from businesses. Many firms across…
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Dec- 2021 -14 DecemberClothing & Shoes
Joules lowers H1 profit guidance amid global supply issues
Retailer Joules expects to report lower pre-tax profits for the 26-week period ending 28 November ranging from £2m to £2.5m, compared with last year’s result of £3.7m. The lower profit expectation was attributed to the “well-documented” global supply chain issues which have resulted in some higher costs and stock delays…
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Aug- 2021 -3 AugustClothing & Shoes
Joules returns to profit in FY21
Joules has announced that it has returned to profit in its latest full-year results, rising to a pre-tax profit of £6.1m, up from a loss of £3.9m the prior year. It comes as its group revenue saw an uptick of 4.3% to £199m in the full-year ended 30 May 2021,…
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Jun- 2021 -23 JuneClothing & Shoes
Joules expects FY21 profits to beat expectations amid sales boost
Joules has anticipated FY21 pre-tax profits to range between £5.5m and £6.5m, making it slightly ahead of its current market expectations of £5.2m to £5.3m. The news follows the retailers’ recent trading update for the financial year ended 30 May 2021, which saw revenue increased by 4% to approximately £199m…
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