All Joules articles – Page 3
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News
Joules upgrades profit expectations following ‘strong’ sales
Joules has upped its full-year profit forecast after hailing a “positive performance” across all its sales channels.
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Retail Navigator Analysis
Joules (Overview)
Joules is an inherently British lifestyle retailer that sells quirky country clothing, accessories and homewares through a multichannel business covering retail, wholesale and online. The business collapsed into administration in November 2022 and was acquired by retail powerhouse Next in partnership with founder Tom Joule in December.
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Opinion
‘Green is the colour of money as eco credentials shape financier sentiment’
Sustainability has been climbing up the retail industry’s agenda for years and a raft of recent financing deals shows it has now well and truly taken centre stage.
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Opinion
‘New partnerships such as Next and Reiss are shaping retail’s future’
Agility and partnerships go hand in hand with brand relevance and evolution. So do innovation and investment.
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Video
Face time: Joules boss Nick Jones on its new homewares acquisition
Joules chief executive Nick Jones explains why now was the right time to acquire homewares, outdoor and gardening retailer Garden Trading.
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Analysis
The Big Question: Do fashion retailers need stores any more?
As online-only businesses such as Boohoo and Asos snap up struggling fashion players who have suffered tumbling store sales during the pandemic, Retail Week asks whether fashion still needs a bricks-and-mortar footprint in 2021.
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News
Joules interim sales and profits slip as chief financial officer departs
Fashion retailer Joules has blamed store closures due to coronavirus for falling sales and profits on the day it announced its chief financial officer would be stepping down.
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Analysis
How Dixons, Joules and Hotel Chocolat’s online prowess saved Christmas
Bricks-and-mortar retailers up and down the country had feared a Christmas washout as the UK veered in and out of lockdowns at the end of 2020.
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News
M&S to add Joules and Hobbs to its fashion stable
Marks & Spencer has struck deals with a handful of new fashion brands in a bid to drive its clothing sales online.
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News
Joules Christmas sales bolstered by online
Fashion and lifestyle brand Joules was propped up this Christmas by its online business.
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News
Joules trading ‘ahead of expectations’ despite overall sales decline
Joules has recorded a strong uplift in ecommerce sales in its first half despite lost in-store sales throughout the lockdown periods.
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Analysis
Three ways retailers can get Brexit-ready ahead of December 31
RWRC’s Supply Chain 2021 report covers ways in which retailers must transform their strategies to sustain growth and achieve success - making operations Brexit-proof is one of them.
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Analysis
How retail changed my life: Joules’ Lyn Warren – taking every opportunity
Lyn Warren realised that retail was the career for her when striving to pay for her studies at university – and it’s an industry that has given her opportunity after opportunity.
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News
Joules ‘encouraged’ by recovery despite sales slide
Joules suffered a drop in sales during its first quarter as store closures dented its top line, but boss Nick Jones insists he is “encouraged” by the retailer’s recovery.
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News
Joules swings to a loss as coronavirus hammers sales
Joules plunged to a loss before tax in its full-year results, as chief executive Nick Jones cites ”challenging trading conditions” amid the coronavirus pandemic.
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News
Joules to finish year in the red as store closures slash sales
Fashion brand Joules has predicted it will finish its 2020 financial year in the red after the lockdown of its store estate saw group revenues plummet.
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Video
Face time: Joules boss Nick Jones on ‘learning as we go’ with store reopenings
Joules chief executive Nick Jones discusses the phased approach the retailer is taking to reopening stores as the coronavirus lockdown lifts, possible changes in consumer demand as a result of the pandemic and how he has run the business from home.
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News
Joules accesses extra financing as online sales outperform
Apparel retailer Joules has successfully struck new financing arrangements and reported better than expected online sales.
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News
Coronavirus: Primark execs take pay cuts as Joules raises £15m
Executives at Primark and its parent company Associated British Foods (ABF) have slashed their pay in half amid the ongoing coronavirus crisis.