Joules defies retail gloom to post ‘strong’ year-end results

Joules, the Market Harborough lifestyle brand, has seen revenues soar by 17.2% to £218m for its year-ending 26 May, it reported this morning (6 June).

The firm says its “strong” momentum through the first half of the year and the Christmas trading period continued into the second half.

Colin Porter, chief executive, said: “As Joules celebrates its 30th anniversary, this strong performance, particularly in our international markets and across our E-commerce and Licensing channels, reflects the strength of our distinctive brand as well as the appeal of our products across an ever-increasing range of lifestyle categories.

“The Group’s flexible and integrated ‘total retail’ model is well suited to meet rapidly evolving consumer shopping behaviours. Supported by this strong momentum and our outstanding brand, growing customer base and skilled colleagues across the world, we continue to look forward with confidence despite well-documented sector headwinds.”