Joules to shut 19 shops and axe 133 jobs, including Carmarthen
The deal will see Next own a 74 stake in the business, with Tom Joule owning the remaining 26.
Source: southwalesguardian.co.uk
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Joules administrators close to rescue deal
TFG is close to an agreement to buy around three-quarters of Joules' stores and assets. It is understood that a deal could be completed later today (30
Source: drapersonline.com
TFG open to participate in UK retail consolidation
There are a number of UK-based brands that will be available for sale or in financial difficulty in the next couple of months – CEO.
Source: moneyweb.co.za
Retailer TFG spends R200m to power up stores during SA'...
Eskom’s unrelenting rolling blackouts recently forced TFG, one of South Africa’s largest retailers, to spend R200-million to find alternative and emergency sources of electricity to power up its stores when the country is thrown into darkness.
Source: dailymaverick.co.za
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: dailymail.co.uk