Suffice to say my observation back in June that Joules (JOUL) was a retail 'jewel' did not survive the Christmas trading season very well. You live and learn though and the shabby update from a few weeks ago centred on a ‘disappointing online sales performance due to an internally generated stock availability issue through the important end of season sale event, the cause of which has now been addressed’. And why? ‘Stock availability issue’. Goodness...that sounds so M&S (MKS)-like from a couple of years ago...
Self-styled “premium British lifestyle brand”, Joules (JOUL) has updated on trading for the seven weeks to 5th January including “stores and third-party concessions… performed in line with expectations... We remain focussed on continuing to expand the Joules brand”. The shares have currently responded to around 180p – er, circa 20% lower!...
I asked the question back in December 'is Joules (JOUL) a retail jewel?' – and, based on the last six months, and despite everything going on in the general retail space and on the High Street, the answer has to be 'yes'...
Nobody has written about retailer Joules (JOUL) on this website for a good while now. I cannot claim that its key features of 'quality, Britishness, family values, colour and humour' naturally attract me to its stores or online shop...but then if the retail industry just relied on consumers like me, then it would be in a much poorer state than even in today's troubled times…
Hello Share Spotters. As many members of her Cabinet are pressing Mrs May and her chancellor to ease back on austerity, I’m reminded that the growing national debt seems to deny that there is any real frugality at all.
Shares in Joules (JOUL) surged over the past few days in anticipation of the company’s annual results, issued today. They are indeed about as strong as anybody could have predicted.
Premium lifestyle brand Joules (JOUL) is one of the freshest arrivals to the AIM market. Along with Hotel Chocolat (HOTC), Joules has been recognised as one of the higher-quality names to opt for AIM in recent months, and a sign that the junior market is still capable of attracting highly investable companies.
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