All the updated news related to joules

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City

Joules considers CVA process as retailer seeks turnaround

Fashion and lifestyle brand Joules has said it is considering a company voluntary arrangement (CVA) restructuring process as part of its turnaround plans. The company said on Monday morning that it is assessing its ongoing financing requirements, ...

10 Oct 2022 at 08:57

City

Joules hires Jonathon Brown as next chief

Joules has hired former Compare The Market chief Jonathon Brown as its next boss. The fashion and lifestyle retailer will take over the role from Nick Jones, who revealed plans to leave the business in May. Mr Jones said he would step down after ...

15 Aug 2022 at 09:59

City

Joules set for ‘significant loss’ after hot weather harms sales

Fashion brand Joules has said it is braced for a “significant” loss after hot weather compounded weakened demand from customers, adding to the retailer’s recent woes. Shares in the business plummeted by around a third in early trading on Friday....

19 Aug 2022 at 13:20

City

Joules confirms talks to sell stake to Next

Struggling fashion brand Joules has confirmed it is in talks to sell a stake to high street giant Next in a move that could raise around £15 million. Joules said it was also in discussions over joining Next’s burgeoning online platform to ...

08 Aug 2022 at 08:50

City

Joules sales up but profits dented by Covid costs and supply chain issues

High street fashion retailer Joules has said sales are up but extra costs mean profits will be well below those predicted after it suffered a series of Covid-related setbacks. Profits had been due to hit between £10 million and £12 ...

01 Feb 2022 at 09:30

City

Joules shares dive after Next investment talks collapse

Next will not take a stake in troubled clothing retailer Joules after talks between the two ended, the companies have announced. Shares in Joules plummeted by over a third on Tuesday afternoon after confirmation that the potential ...

13 Sept 2022 at 17:31

City

Cost-of-living crisis to push more retailers to brink in 2023, warn experts

The cost-of-living crisis is set to result in further retail failures over the next year with larger firms positioned to snap up stricken competitors, according to retail experts. It comes after an increase in retail collapses ...

27 Dec 2022 at 09:00

Local News

Traffic congestion inevitable as rally gets underway - see where the stages are being held

Motorists are being advised that there will be significant traffic disruption over the next three days due to the stage of the Joule Donegal International Rally. The event, which is celebrating its 50th anniversary, is being ...

17 Jun 2022 at 11:33

City

Joules boss to exit as retailer warns cost of living will hit profits

The boss of Joules has said he will quit the fashion retailer as it also warned the soaring cost of living has hit company profits. Shares in the company plummeted by more than a third as investors digested the announcement....

04 May 2022 at 12:25

City

UK firms issue more profit warnings amid ‘recession-like’ climate

The number of profit warnings issued by UK-listed companies has grown this year as businesses battle against “recession-like” conditions, new figures show. Firms listed on UK stock markets issued 75 alerts over profits ...

24 Apr 2023 at 11:55

City

Joules consults over fresh job cuts after Next takeover

Joules has launched consultations over potential job losses after new owner Next said it is accelerating transition plans. Next snapped up the troubled fashion brand late last year after Joules fell into ...

25 Apr 2023 at 14:26

City

Joules lifts profit outlook after cost-cutting ‘progress’

Fashion brand Joules said its profitability is ahead of targets after it made “good progress” with cost-cutting efforts. Shares in the retailer bounced higher in early trading after investors welcomed ...

19 Jul 2022 at 12:47

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