14 June 2021
Joules Group plc
Notice of Pre-Close Trading Update
Joules, the premium British lifestyle brand, will release a Pre-Close Trading Update for the financial year to 30 May 2021 on Wednesday 23 June 2021.
Enquiries:
| Joules Group plc Nick Jones, CEO Jon Dargie, Interim CFO | Tel: +44 (0) 1858 435 255
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Peel Hunt LLP, Nominated Advisor and Joint Broker George Sellar Andrew Clark Will Bell |
Tel: +44 (0) 20 7418 8900
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Liberum Capital Limited, Joint Broker John Fishley Edward Thomas |
Tel: +44 (0) 20 3100 2000 |
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Hudson Sandler (Financial PR) Alex Brennan Lucy Wollam |
Tel: +44 (0) 20 7796 4133
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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.
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 brand caters to its 1.5 million active customers through its own digital platform, 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.
Internationally, the brand has made good progress in its target markets of the US and Germany, where the distinctive Joules brand and products range resonate well with local customers. International markets are served by wholesale partnerships and dedicated Joules websites.
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 wholesale partnerships with more than 1,000 stockists across the UK.
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