Joules Aberdeen and Inverness stores saved from closure
Aberdeen and Inverness Joules store has been saved from closure after a buyout from Next. 19 stores to close across UK.
Source: pressandjournal.co.uk
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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.
Source: thisismoney.co.uk
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: tivysideadvertiser.co.uk
Next's acquisition of Joules 'an excellent outcome'
Earlier today (1 December), Next announced that it has bought Joules out of administration for £34m, in partnership with the brand's founder Tom Joule.
Source: drapersonline.com
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