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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Jul- 2020 -20 JulyClothing & Shoes
UK retailers call for ‘urgent action’ to end labour exploitation
A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel, to take “urgent action” to address exploitation in the UK’s fashion supply chain. Retailers including George at Asda, Joules, Matalan, Morrisons, Mountain Warehouse, N Brown, Next and The Very Group,…
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Jun- 2020 -16 JuneClothing & Shoes
Joules predicts £3m loss after pandemic hit
Fashion retailer Joules has predicted an underlying loss for its 2020 financial year of between £2m and £3m attributed to the impact of the coronavirus pandemic. In a pre-closing update ended 31 May 2020, Joules said the impact of the Covid-19 virus between March and May resulted in a “material…
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Apr- 2020 -21 AprilClothing & Shoes
Joules adds £15m to existing debt facility
British lifestyle brand Joules has announced it has successfully agreed to add £15m to an existing credit facility with Barclays Bank, due to the coronavirus crisis. The retailer also said it has taken a “significant” number of mitigating actions to conserve cash throughout this period of significant “global macroeconomic uncertainty”.…
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Feb- 2020 -28 FebruaryShopping Centres
New £90m north-east retail development secures 23 brands
Plans to build a new £90m outlet shopping and leisure destination in the North of England have been unveiled, along with the first 23 brands to sign-up including BOSS, Calvin Klein, Tommy Hilfiger, Adidas, Levi’s, Mint Velvet, Joules, Gap and Skechers. Scotch Corner Designer Village, situated on the A1(M) in…
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Jan- 2020 -21 JanuaryClothing & Shoes
Joules revenues hit by late Black Friday
Fashion retailer Joules has reported a 1.4% decrease in group revenue to £111.6m for the half-year period ended 24 November 2019. The group said the results were impacted by the timing of Black Friday, which fell in the second half of FY20, but the first half of the financial year…
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10 JanuaryAnalysis
Spooked markets seem soothed by Iran-US climb-down
When Iran decided to hit back on US military facilities after president Trump ordered the assassination of Iranian general Qasem Soleimani, there was talk of the outbreak of war. NATO countries apparently implored Trump not to go for another attack, fearing that if he did things would escalate beyond control…
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10 JanuaryClothing & Shoes
Joules issues profit warning following stock issues
Joules has announced that sales over the Christmas period were “significantly behind expectations”, with retail sales down 4.5% against the prior year. The fashion retailer claims that sales were affected by “disappointing” online sales, which was caused by internally generated stock availability issues. Despite traffic to its website increasing 8%…
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Dec- 2019 -5 DecemberHigh Street
Joules revenues up 3.1% despite ‘challenging’ September period
Lifestyle brand Joules has reported a 3.1% increase in half-year sales attributed to a “disciplined” approach to promotional activity and “strong” e-commerce growth, despite it facing a “challenging” trading environment. Although wholesale revenues decreased by 3.8%, international revenues increased by 17% compared to 15.8% for the first half of last…
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Aug- 2019 -5 AugustComment
Spotlight: Retailers defying the high street doom and gloom
Joules British clothing retailer Joules has continued to defy the high street gloom over the past two years, and so far has not buckled under the pressures of ‘brexit uncertainty’ and the shift in consumer tastes and trends. Originally established as Joule & Sons in 1977 by Ian Joule, the…
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Jun- 2019 -5 JuneAdvice
Personalisation and its role in retail
In order to encourage footfall and, by extension sales, retail stores are having to work twice as hard to stand out. This is particularly true for bricks-and-mortar stores, where competition is not only restricted to other stores in the area but the digital platform too. But both offline and online…
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