06-08-2020 08:46 via retailgazette.co.uk

Joules remains “confident” despite £2m loss

// Joules posts pre-tax loss of £2 million compared with a £12.9 million profit in the previous year
// The decline was due to stock availability issues over Christmas and the coronavirus lockdownJoules has posted a loss before tax in its full year results as the “challenges” of the Covid-19 crisis continued to affect the business.
The lifestyle retailer recorded a pre-tax loss of £2 million for the 53 weeks to May 31, compared with a £12.9 million profit in t
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