Christmas sales plunge at Joules
By Sarah Wood | 7th January 2021
Fashion retailer Joules has reported a 58 per cent fall in total store sales for the seven-week period which includes Christmas.
The retailer, which has stores in Cheltenham, Gloucester Quays and Cirencester, has warned of a hit of up to £18 million pounds if the new Covid-19 curbs continue through to April, as reported by Reuters.
But retail sales through its websites - including through the Friends of Joules digital marketplace - were up 66 per cent year-on-year, as more customers took to online purchases during the pandemic.
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