Joules increased its revenues by 17.2 per cent to £218 million for the year ended May 2019. Its results also saw UK retail sales rise as it took the decision to switch some of its sales, including Next Label and John Lewis womenswear from wholesale to retail. The brand saw 43.5 per cent growth from international market sales which now account for 16.1 per cent of its overall revenues.
The impressive results include an increase of 19.4 per cent in pre-tax profits which came in at £15.5 million.
Share