Retailer Joules collapses risking 1,600 jobs

The Leicestershire-based company, which has 132 shops, took the step after failing to secure emergency investment.Many retailers have been struggling as consumers cut spending amid rising prices. Inflation rose to 11.

"At this stage we are optimistic that we will be able to secure a future for this great British brand," he said.It said this was largely due to "the challenging UK economic environment which has negatively impacted consumer confidence and disposable income"., leading to hundreds of job losses, with High Street giant Next buying Made's brand name, website and intellectual property.

Mr Joule said he had started the firm with "one man, one tent and a lot of enthusiasm", finding a niche in the market when he realised there was a demand for colourful clothing amid the standard tweeds worn to such events.

It's wank, if we're honest.

Condolences to all those who’ll be losing their jobs.. in China

Economy in shambles thanks to 12 years of tory incompetence

Not good news.

I reckon qvcuk should buy them out the brand has been on their channel Joules

And so it starts…..

Children writing headlines again?

And they want to increase taxes 😡😡😡😡😡

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