Next buys Joules out of insolvency - report
1st Dec 2022 12:53
(Sharecast News) - Next confirmed on Thursday that it has partnered with Tom Joule to buy retailer Joules out of insolvency for £34m in cash.
Read moreJoules administrator on brink of rescue deal with Phase Eight owner - report
30th Nov 2022 08:51
(Sharecast News) - The administrator to collapsed fashion retailer Joules is reportedly on the brink of a rescue deal with the South African owner of Phase Eight.
Read moreJoules collapses into administration
16th Nov 2022 17:04
(Sharecast News) - Beleaguered fashion and lifestyle retailer Joules collapsed into administration on Wednesday, putting more than 1,600 jobs at risk.
Read moreJoules to call in administrators
14th Nov 2022 07:44
(Sharecast News) - Retailer Joules has decided to call in administrators after failing to raise new funding, putting around 1,700 jobs at risk.
Read moreN Brown looks to Joules for next design head
7th Nov 2022 10:31
(Sharecast News) - N Brown Group has appointed Joules' Helen Low as its new director of design, the online retailer said on Monday.
Read moreJoules trading weaker than expected, in talks with founder over new investment
7th Nov 2022 08:20
(Sharecast News) - Joules said on Monday that trading has been weaker than expected and that it has advanced talks with a number of strategic investors, including founder Tom Joule, to provide a cash injection for the business.
Read moreJoules still considering CVA, equity raise
10th Oct 2022 08:52
(Sharecast News) - Clothing retailer Joules said on Monday that it is still considering a company voluntary arrangement (CVA) as part of its financing options.
Read moreJoules says turnaround plan progressing well, working with Interpath Advisory
30th Sep 2022 07:20
(Sharecast News) - Joules said its turnaround plan was progressing well, as it confirmed it is working with financial advisory firm Interpath Advisory following a Sky News report it is exploring a company voluntary arrangement (CVA).
Read moreAsos, Joules slump on Sunday Times report
5th Sep 2022 10:15
(Sharecast News) - Asos was under the cosh on Monday following a Sunday Times report that the online fashion retailer has privately told City analyst that it expects pre-tax profits for the year just ended to be towards the bottom end of the range given in June.
Read moreJoules insists 'positive' talks with Next continue
30th Aug 2022 07:17
(Sharecast News) - Joules said on Tuesday that it remains in "positive" discussions with Next about adopting its Total Platform services to support its long-term growth plans and a potential equity investment.
Read moreLiberum downgrades Joules on deteriorating outlook for consumer spend
19th Aug 2022 16:27
(Sharecast News) - Liberum downgraded its recommendation for retail and homeware retailer Joules on the back of a deteriorating outlook for consumer spend.
Read moreJoules tumbles after profit warning
19th Aug 2022 08:15
(Sharecast News) - Joules warned on Friday that it expects to deliver a pre-tax loss for the full year and said it was in talks with its bank about a waiver of its covenants, sending shares in the fashion retailer tumbling more than 30%.
Read moreJoules names Jonathon Brown as CEO
15th Aug 2022 08:30
(Sharecast News) - Lifestyle group Joules revealed on Monday that Jonathon Brown had been tapped to take over as chief executive officer, with effect from 30 September.
Read moreJoules appoints Jonathon Brown as CEO
15th Aug 2022 07:37
(Sharecast News) - Joules said on Monday that it has appointed Jonathon Brown as its new chief executive officer.
Read moreJoules confirms talks with Next over £15m minority stake
8th Aug 2022 07:39
(Sharecast News) - Joules confirmed on Monday that it is in talks with retailer Next about the acquisition of a £15m stake in the lifestyle brand.
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