Joules Group plc Response to media reporting (4718X)
30 August 2022 - 4:02PM
UK Regulatory
TIDMJOUL
RNS Number : 4718X
Joules Group plc
30 August 2022
30 August 2022
Joules Group Plc
("Joules", the "Group")
Response to media reporting
Joules, the premium British lifestyle group, provides a
statement in response to recent media reporting.
Further to the announcement on 19 August 2022, the Group
continues positive discussions with Next Group Plc about both
adopting its Total Platform services to support its long-term
growth plans and a potential equity investment.
There can be no certainty that these discussions will lead to
any agreement, and further announcements in this regard will be
made if and when appropriate.
Enquiries:
Joules Group plc Tel: +44 (0) 1858
435 255
Nick Jones, CEO
Caroline York, CFO
Hudson Sandler (Financial PR) Tel: +44 (0) 20
7796 4133
Alex Brennan
Lucy Wollam
Charlotte Cobb
Peel Hunt LLP (Financial Adviser, NOMAD and Tel: +44 (0) 20
Joint Broker) 7418 8900
George Sellar
Michael Nicholson
Andrew Clark
Tel: +44 (0) 20
Liberum Capital Limited (Joint Broker) 3100 2000
John Fishley
Edward Thomas
Joules - a premium lifestyle group with an authentic British
heritage
Joules is a premium lifestyle brand and group with an authentic
heritage and values of family, fun and joy in the countryside.
Joules creates and curates exceptional products that brighten
the lives of its customers, delivered through leading digital
platforms and supported by enticing experiences and stores that are
located in desirable locations relevant to the Joules customer's
lifestyle.
The Joules story began in 1989, when Tom Joule started selling
clothing on a stand at a country show in Leicestershire. Today, the
business designs and sells Joules-branded clothing, footwear and
accessories for women, men and children as well as collections of
homeware, toiletries, lifestyle and pet product ranges that are
carefully designed and developed through selected licensing
partnerships. Each collection comprises Joules' distinctive use of
humour, colour and unique prints, each of which is hand-drawn by
the brand's talented in-house print design team at its headquarters
in Market Harborough, Leicestershire.
In 2021, Joules acquired leading digital home and garden
retailer The Garden Trading Company, strengthening its position in
the important and fast-growing home, garden & outdoor category.
Similarly inspired by the British countryside, Garden Trading
designs and sells distinctive products through its own e-commerce
platform and many wholesale partnerships across the UK.
Joules' distinctive design-led products are complemented by an
increasingly broad customer offer provided through its digital
marketplace 'Friends of Joules' that enables third-party brands to
offer curated, complementary products to the Joules customer base,
enhancing Joules' digital platform with thousands of products from
hundreds of creative businesses to give customers everything they
could ever need for a contemporary country lifestyle.
The Joules group caters to its 1.9 million active customers
through its own digital platforms, its retail stores in the UK and
at country shows and events. Joules extends its brand reach through
well-established third-party relationships - concessions, online
marketplaces, and traditional wholesale - in the UK and
internationally.
www.joules.com
www.gardentrading.co.uk
www.joulesgroup.com
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END
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