Joules news and archive

Joules posts strong increase in Christmas sales

British lifestyle brand Joules said that the brand continued to perform well over the festive trading period with retail sales increasing by 11.7 percent against the prior year on a comparable basis, reflecting growth across all of the brand’s product categories. Retail performance during the period, Joules added, supports the board’s previously...

Management|ANALYSIS Featured

British fashion firm Joules readies up for Brexit with European logistics centre

New York – British fashion retailer Joules Group is taking measures to mitigate the impact of the UK leaving the European Union. Amongst Joules’ Brexit plan there is the opening of an EU-based distribution facility, as well as bringing inventory of its 2019 spring-summer collection into the UK earlier than usual. In a conference to update the...

ManagementFeatured

Joules posts 17.6 percent increase in H1 revenue

In its interim trading update for the 26 weeks to November 25, 2018, British lifestyle brand Joules said that revenue for the period increased by 17.6 percent to 113.1 million pounds (143.7 million dollars). Given this sales performance, the board anticipates announcing a level of underlying profit before tax (PBT) that is slightly ahead of...

Management

Joules reports 18.4 percent revenue growth in FY18

Joules Group revenue increased by 18.4 percent or 18.8 percent on constant currency to 185.9 million pounds (244.7 million dollars), with retail revenue increasing by 15.9 percent to 129.7 million pounds (170.7 million dollars) and wholesale revenue increasing by 24.1 percent or 25.8 percent on constant currency to 55.5 million pounds....

Management

Joules posts strong annual revenue growth of 18.4 percent

British lifestyle brand Joules, in its trading update covering the 52-week period to May 27, 2018 said that group revenues increased by 18.4 percent or 18.8 percent on constant currency basis, year on year to 185.9 million pounds (249.6 million dollars), as the group’s strong momentum throughout the first half of the year and Christmas period...

Report

Ian Filby to replace Neil McCausland as Non-Executive Chairman of Joules

British lifestyle brand Joules has announced that Neil McCausland is stepping down as non-executive Chairman of the company on July 31, 2018 having completed more than five years of service on the board. At the same time, the group has announced that Ian Filby will join the board as Non-Executive Chairman on August 1, 2018. The company said,...

Report

Joules sales rise 18.2 percent, EBITDA up 22.5 percent

Joules Group revenue increased by 18.2 percent or 17.5 percent in constant currency to 96.2 million pounds (136 million dollars) for the 26 weeks to November 26, 2017, which the company said were driven by growth across retail and wholesale channels. Retail revenue for the period increased by 16.2 percent with ecommerce sales up 19.7 percent and...

Report

Joules posts 19.2 percent rise in Christmas sales

Joules in its trading update for the seven-week period to January 7, 2018 said that the company delivered a strong performance with total retail sales up 19.2 percent against the comparable period last year. Commenting on the Christmas trading, Colin Porter, Joules CEO, said in a statement: "The group's retail performance through the Christmas...

Report

Joules reports 18 percent increase in H1 revenue

Providing a trading update covering the 26-week period to November 26, 2017, Joules said, revenue for the period increased by 18.2 percent or 17.5 percent in constant currency to 96.2 million pounds (129 million dollars), reflecting the brand’s expansion, growing customer base, which is now at more than one million active customers, and the...

Management

Joules turnover increases 19.6 percent in FY17

Joules Group revenue increased by 19.6 percent or 18.6 percent on constant currency basis to 157 million pounds (204 million dollars) for the 52 weeks to May 28, 2017, from 131.3 million pounds (170 million dollars) in FY16, with retail revenue increasing by 19.4 percent and wholesale by 20.3 percent or 17.6 percent on a constant currency basis....

News

New Designers Awards names winners

The 2017 New Designers Awards, which recognises the next generation of graduate designers across a number of fields including fashion, has named its winners. The New Designers exhibition showcases more than 3,000 fresh-thinking, innovative graduate design talent from the UK’s leading art and design courses, and there are awards for the most...

Schools

Joules sponsors award at New Designers exhibition

Fashion and lifestyle brand Joules is sponsoring an award at the 2017 New Designers exhibition that recognises the next generation of graduate designers across a number of fields including fashion. Joules is sponsoring the New Designers Joules Award, which will be awarded to a 2017 graduate who can demonstrate an understanding of the basic...