A happier theme for Christmas 2021 with the release of TK Maxx and Joules’ ads November 4, 2021 The emerging theme for this year's Christmas is a resounding 'better than last year' sentiment, with John Lewis and M&S dropping their heartfelt ads yesterday.
Online shoppers help Joules return to profit with £122m e-commerce sales August 3, 2021 Joules has returned to profit after online sales contributed to full-year revenues climbing to almost £200m. The fashion and homeware retailer reported group revenue increased by 4.3 per cent to 199.million despite lockdowns forcing stores to shut for periods and cancellations of the brand’s country shows. Online sales were up by 48 per cent to [...]
Joules beats market expectations as recently acquired garden retailer provides boost June 23, 2021 Profit and revenue at Joules for the last financial year beat expectations, with its recently acquired garden and outdoor product store performing particularly well. In a pre-close trading update this morning, the fashion retailer said revenue had increased four per cent to £199m, up around £8m from the previous year. Profit before tax for the [...]
Joules expects to beat profit and sales forecasts after PM confirms further lockdown lifting May 11, 2021 Fashion retailer Joules this morning said it expects to beat profit and revenue forecasts for this year following the confirmation that coronavirus restrictions will ease further next week. The brand said revenue and profit before tax before exceptional items will come in higher than the current analyst consensus of £187m and £4.1m respectively. It said [...]
Joules mulls hiking prices for shoppers to offset rising Brexit costs January 28, 2021 Fashion retailer Joules has warned it is considering increasing prices for consumers as it revealed that Brexit had disrupted exports and could cost it an extra £1m per year. Joules said that, despite its preparation for the end of the transition agreement, exports to certain EU markets had suffered, with Germany being particularly impacted. The [...]
Cath Kidston: Next looks set to pick up troubled vintage staple March 28, 2023 High street giant Next is reportedly in talks to pick up the vintage-inspired Cath Kidston chain. According to reports from Sky News’ Mark Kleinman late on Monday evening, Next – which has been on an acquisition spree in recent months, picking up Made.com and Joules – is set to add the brand to its growing [...]
Joules buys digital retailer for up to £12.5m in bid to expand in booming homeware market February 9, 2021 Joules has bought digital homeware retailer The Garden Trading Company for up to £12.5m, as it seeks to expand further into the thriving interiors market. Garden Trading sells its own home, garden and outdoor product designs through its direct-to-consumer platform and through 1,000 stockists across the UK. Joules said the acquisition will strengthen its position [...]
Joules sales hit by lockdowns and country show cancellations, sending shares lower December 8, 2020 Sales at Joules sunk in the six months to the end of NOvember due to lockdowns and Covid-19, sending shares lower
Fashion retailer Joules forecasts £18m revenue hit due to new lockdown restrictions January 7, 2021 British fashion retailer Joules has forecast a revenue hit of up to £18m due to the current Covid-19 lockdown restrictions in the UK, the firm said as it announced a sharp drop in store sales over the winter. Joules said total store sales declined 58 per cent in the seven weeks to 3 January due [...]
Next eyes £100m deal for FatFace in latest shopping spree October 11, 2023 If completed, it will be the latest name to join Next’s expansive list of firms it has gobbled up since the pandemic.