Next boss Simon Wolfson teams up with founder to rescue stricken Joules
Next, run by Lord Simon Wolfson (pictured), will own 74% of the collapsed business, with the rest owned by Joules founder Tom Joule.
Stay updated with breaking news from Total Platform. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Next, run by Lord Simon Wolfson (pictured), will own 74% of the collapsed business, with the rest owned by Joules founder Tom Joule.
Tayside and Fife stores of fashion brand Joules have been saved after the company was bought out of administration.
The deal will see Next own a 74% stake in the business, with Tom Joule owning the remaining 26%.
Administrators for high street fashion retailer Joules will shut 19 shops today after it was bought in a rescue deal by retailer Next and founder…
The deal will see Next own a 74 stake in the business, with Tom Joule owning the remaining 26.