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The Latest Breaking News from Joules

Joules announces it is going into administration

The retailer said it was suspending trading in its shares following months of financial difficulties

Birmingham Post

Joules poised to collapse into administration with 1,600 jobs at risk

Upmarket brand says talks over emergency cash call with investors were unsuccessful

The Independent UK

Joules set to collapse into administration putting 1,600 jobs at risk

The fashion brand has 130 shops across the UK

Manchester Evening News

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Brexit ‘to blame for austerity budget’, as London stock market overtaken by Paris – as it happened

Former Bank of England policymaker says Brexit has caused permanent damage to the UK economy

The Guardian - UK

1,600 jobs at risk as Joules will appoint administrators

The fashion retailer is known for its posh wellies

Wales Online

Fashion retailer Joules on brink of collapse with 1,600 jobs at risk of being axed

Joules Group, which also owns The Garden Trading Company, revealed it was to file a notice of intention to appoint administrators after failing to secure new cash funding

Daily Mirror

FTSE 100 Live: Fresh retail blow as Joules heads into administration

Struggling retailer Joules today revealed it is to go into administration after failing to secure additional financing.

Evening Standard

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The most stylish people at Piccadilly Winter Gardens at Manchester Christmas Markets - outfits from H&M, Primark, New Look

Shoppers visiting the Christmas Markets on the opening day wore looks from H&M, Primark, Reiss and New Look

Manchester Evening News

Joules shares dive again as cash problems continue

Joules said it was in 'advanced discussions' with potential backers, including founder Tom Joule

Birmingham Post

Luxury brand Joules blames sales slump on good weather as it fights for refinancing

The firm said it was in discussions to secure an eleventh-hour cash injection to shore up its balance sheet

Evening Standard

From pawnbrokers to the sale rail: How shopping habits reveal the state of the economy

We take a look at how the cost of living crisis is shifting our shopping habits

Birmingham Post

Joules not ruling out CVA in bid to stay afloat

Joules said it 'continues to make good progress on its simplification agenda and cost management process'

Birmingham Post

High-end retailer Joules considers creditor approach

Embattled chain admits company voluntary arrangement (CVA) potential route for business

Evening Standard

Tom Joule and management confident of turning Joules around following reports of potential CVA

They said a turnaround could include raising equity to pump funds into the business and help get it back on track

Birmingham Post

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Wales Online

Joules shares nosedive after Next investment talks collapse

Next shelved its planned stake in Joules as bilateral talks ended. This spells uncertainty for troubled retailer Joules which has seen its shares drop more than 90% over the past 12 months

The Independent UK

Joules shares dive after Next investment talks collapse

The clothing retailer added it was still in discussions about using Next’s online platform to sell its products.

Birmingham Post

Joules shares drop after speculation that rescue talks with Next could be in trouble

Joules responds by saying 'group continues positive discussions with Next Group Plc'

Birmingham Post

What the 35% drop in Joules share price means for potential deal with Next Plc

Talks said to be continuing with Next despite latest Joules profit-warning

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The Guardian - UK

Sun not shining for welly seller Joules as heatwave hits sales

Shares down a third after retailer issues profit warning, blaming hot weather and cost of living crisis

Evening Standard

Upscale high street retailer Joules hits financial buffers

Royal favourite predicted a ‘significant’ loss for first half of year and ‘no certainty’ in Next deal

Manchester Evening News

Eight of the best beauty advent calendars available at Boots ready for Christmas 2022

Prices start from as little as £20 for this years' beauty calendars

Birmingham Post

Joules hires ex-Compare the Market boss as new CEO

Jonathon Brown will take over the role from Nick Jones, who revealed plans to leave the business in May.

Evening Standard

Country lifestyle retail chain Joules appoints Brown CEO

Group targeted by outlet Next looks to return to ‘sustainable, profitable growth’

Birmingham Post

Next planning strategic stake in struggling Joules

Reaction: Market analyst says potential tie-in is a win-win for both retailers

Wales Online

Next in talks to buy stake in fashion retailer Joules

Joules issued a profit warning earlier this year

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