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Joules

The Tom Joule and Next Plc $27.7Mn deal for bankrupt Joules will save 1,450 jobs, although 19 stores will close and 133 jobs cut.

Tom Joule and Next to Acquire Bankrupt Joules

South Africa's The Foschini Group is expected to bid for bankrupt Joules, while M&S is set to close 67 full-line doors.

Joules in Takeover Talks, Is Bidding War Next?

Joules appointed administrators after rescue talks fail, while Frasers is in advanced discussions to acquire tailor to royal court, Gieves & Hawkes.

Joules Administration Threatens 1,600 Jobs

British fashion retailer Joules is facing a liquidity crunch as M&S cites impact of cost pressures on margins.

Bad Times for the Brits: Joules Up a Creek, M&S Surviving ‘Stormy Weather’

Joules hasn’t ruled out pursuing a company voluntary arrangement which would allow it repay creditors without the formal legal oversight of an administration.

‘Worst Is Yet to Come’ for Retailers Facing Recession

Several UK retailers lowered second half guidance in the wake of a deteriorating economy, while struggling Joules hires another advisor.

Inflation Eats Away at British Retail

Deal making overseas seems to be taking a step back as buyers and sellers assess the economic backdrop.

Frasers Snubbed and Joules Needs ‘Hail Mary’

Joules in talks with Next Plc for a financial lifeline to shore up its balance sheet.

Cash-Strapped Joules Lines Up Potential Lifeline

Joules improved its cash position, Ross Stores is opening a lot more doors and sales at JD Sports are in line with expectations.

Retail Roundup: Latest From Ross, Joules and JD Sports

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