Joules sales on the up
13th December 2017
Fashion retailer Joules has seen sales jump by nearly a fifth in the first half of its financial year.
Sales rose 17.5 per cent to £96.2 million, aided by a 16.2 per cent rise in retail sales to £65.9 million, in the 26 weeks to 26th November, as reported by Retail Gazette.
Joules opened a new outlet store at Gloucester Quays just last month, prompting customers to queue from 4am for the chance to pick up a bargain. In total, the company has opened 10 new stores over the last six months.
In July, Joules reported a 34 per cent rise in profits to £10.1 million in its first year since it floated in May 2016.
It seems like shoppers can't get enough of the company's quirky take on casualwear inspired by the English countryside.
Related Articles
Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.