Joules
This coverage explores Joules’ role and performance in the UK retail sector, focusing on its store network, brand strategy, financial developments, and product collections. Reporting highlights management decisions, marketing initiatives, collaborations, and responses to market challenges, offering insight into the brand’s positioning within fashion and lifestyle retail. Tailored for retail executives, brand managers, and professionals monitoring mid-market and premium retail dynamics.
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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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Oct- 2021 -14 OctoberHigh Street
Hobbycraft launches second exclusive Joules range
Hobbycraft has announced the launch of its second exclusive fabric collection with lifestyle brand Joules. The new range will include Christmas fabric designs, festive panels, as well as sewing accessories in some of Joules most recognisable heritage patterns. It revealed the new fabric designs are available in a “variety of…
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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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Jul- 2021 -12 JulyClothing & Shoes
Cath Kidston appoints new CCO
Cath Kidston has announced that Suzanne Egleton has been appointed as chief commercial officer (CCO) in a newly created role for the brand that oversees all revenue channels of lifestyle retailers. Egleton is a seasoned digital leader with experience in global fashion and lifestyle brands, with her most recent roles…
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Jun- 2021 -30 JuneDepartment Stores
M&S partners with Clarks on kids collection
M&S has revealed a new partnership with Clarks shoes which includes selling the brand online and in eight UK destination stores. This latest brand partnership is part of the continued momentum for the retailer in its strategic shift from “special occasion” clothing and footwear to everyday “style and value”. The…
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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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May- 2021 -11 MayClothing & Shoes
Joules raises full-year guidance amid ‘encouraging’ trading
Joules has announced it has raised both its revenue and pre-tax profit guidance after being “encouraged” by recent momentum across its retail channels. In its latest update for the 11 months to 2 May 2021, the group said it has continued to deliver a “positive performance” across its retail channels…
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7 MayClothing & Shoes
Joules secures ESG-linked financing arrangement
Clothing retailer Joules has announced an extension to its current funding arrangements, converting the facility to an ESG-linked financing arrangement. Placed through Barclays Bank, the scheme includes a £25m revolving credit facility and £9m term loan to September 2024. Under the terms of the arrangement, Joules’ interest rate loan margin…
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Apr- 2021 -12 AprilShopping Centres
McArthurGlen opens £160m designer outlet destination
McArthurGlen has announced the opening of a new £160m designer outlet fashion destination in the West Midlands. The centre marks McArthurGlen’s seventh British designer outlet, joining its other destinations in Ashford, Bridgend, Cheshire Oaks, East Midlands, Swindon and York, and it is the group’s 26th across Europe and in Canada.…
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