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Birmingham Post

Business

Tom Pegden

The 19 Joules stores closing under its new owners

Some 19 Joules stores are set to close with immediate effect under a deal to buy the UK fashion business out of administration.

Next has teamed up with Joules founder Tom Joule to strike a £34 million deal for Joules which will see around 100 stores keep trading and secure 1,450 jobs within those shops and at the Market Harborough head office.

Under the plans 19 Joules stores will stop trading with immediate effect with the loss of 133 jobs.

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