Collapsed fashion brand Joules closes in on rescue deal with Hobbs owner
Joules' administrators were close to an agreement with South Africa's The Foschini Group, which also owns Phase Eight and Whistles.
Source: thisismoney.co.uk
Page 30 - Foschini Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Foschini Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Foschini Group Today - Breaking & Trending Today
TFG on growth plans and Black Friday sales
Clothing is the largest part of The Foschini group and a relatively high-margin contributor, having traded very well over the period – CEO Anthony Thunström.
Source: moneyweb.co.za
Joules to shut 19 shops and axe 133 jobs after Next takeover deal
The deal will see Next own a 74% stake in the business, with Tom Joule owning the remaining 26%.
Source: johnogroat-journal.co.uk
Joules to shut 19 shops and axe 133 jobs, including St Davids
The deal will see Next own a 74 stake in the business, with Tom Joule owning the remaining 26.
Source: westerntelegraph.co.uk
Joules to shut 19 stores after Next snaps up brand in last-minute deal
Next will take on 100 Joules stores, saving 1,450 jobs
Source: telegraph.co.uk