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The Latest Breaking News from Joules

Next set to reveal drop in sales as shoppers cut back Christmas spend

Next sales figures are seen as an indicator of the condition of the retail sector

Birmingham Post

Documents show Joules was almost £114m in the red when it called in administrators in November

Retailer has since been bought out of administration by founder Tom Joules and high street giant Next

Birmingham Post

Boots shoppers are snapping up this Joules hamper that's now half price!

If you're wanting to treat yourself or a loved one to something nice in the Boxing Day sales, then this Joules Hamper may be just what you're looking for

Daily Mirror

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Retailers could be pushed to brink by cost of living crisis

Retail experts say market could see consolidation

Insider UK

Cost-of-living crisis to push more retailers to brink in 2023, warn experts

It comes after an increase in retail collapses towards the end of 2022, with high profile insolvencies such as Joules and Made.com

Evening Standard

Joules, Roll-Royce, Raleigh, Derby County and Boots: 20 of the most read East Midlands stories of 2022

Stories about Boohoo, Octopus Energy, Poundstretcher, Next and Marks Electrical also proved popular

Birmingham Post

New owner for Garden Trading Company following split from Joules, securing 50-plus jobs

It was founded in 1994 and takes inspiration from both the British countryside and city lifestyle trends

Birmingham Post

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Clothing chain store Joules in Perth city centre to remain open after company is rescued from administration

Twenty-two other outlets nationwide did, however, close with immediate effect despite the takeover from retail giant Next

Daily Record

Nottingham's Joules store 'saved' as part of nationwide rescue deal

Joules announced last month that it had gone into administration. A deal involving Next now means that 100 stores will stay open, including in Nottingham.

Nottingham Post

Let’s not pretend the mini-budget is the sole cause of falling house prices

Script was set when interest rates started rising 11 months ago and slump has some way to go

The Guardian - UK

Full list of 19 Joules stores to shut TODAY as firm cuts 133 jobs after rescue deal

Next has bought a majority stake in Joules after it fell into administration

Wales Online

Joules to shut 19 stores, despite rescue deal by Next and founder

133 jobs are to be lost at the fashion retailer, following its administration

Insider UK

1,450 jobs saved as Next and Tom Joule join forces to buy Joules out of administration

£34 million deal will keep around 100 stores in business open - but some jobs will be lost

Birmingham Post

Joules to close 19 shops and cut 133 jobs despite Next rescue deal

The closures follow a rescue deal by its founder and a high street rival.

Daily Record

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Evening Standard

Next lays off 133 staff after buying collapsed retailer Joules

Over a dozen Joules stores will close with immediate effect following the conclusion of the deal

The Guardian - UK

Next rescues Joules from administration, saving 100 shops and 1,450 jobs

Fashion retailer joins Joules founder in last-minute £41m deal, but 24 stores will close

Birmingham Post

Redundancies at Joules HQ as search for buyer continues

Wider consultation with 1,600 staff is also underway

Evening Standard

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Daily Record

Stirling jobs at risk at city store after clothing firm Joules enters administration

Stirling could be set to lose another name from the high street after clothing firm Joules collapsed into administration. The troubled retailer made the move after failing to secure emergency investment to protect the company’s future. One of Joule

Insider UK

Joules falls into administration with 1,600 jobs at risk

Administrators are confident of finding a buyer for the fashion chain

Wales Online

Joules founder hopes clothing brand still has a future after calling in administrators

Expert reckons Next and Frasers Group could be possible suitors

Nottingham Post

Nottingham shoppers' concern over 1,600 jobs at risk as Joules poised to enter administration

"So many people right now are struggling, the high streets struggling and it seems like it won’t end for now”

Chronicle Live

Joules clothing chain goes into administration with 1,600 jobs at risk

Upmarket fashion retailer is the latest victim of the cost of living crisis hitting the high street

Birmingham Post

Tom Joule – who started Joules selling wellies at country fairs – hopes brand will live on as administrators called in

Comes as one analyst says, ‘Next and Frasers look logical suitors given their relatively robust position’

Belfast Live

Joules Belfast and Banbridge stores at risk as retailer to appoint administrators

The retailer has two stores in NI, one on Arthur Street in Belfast and one at The Boulevard, Banbridge

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