Strong growth at Harborough firm Joules Clothing

Adrea Gray, Tom Joule, Frances Quinn and Ronny Helvey during the Joules VIP evening
Adrea Gray, Tom Joule, Frances Quinn and Ronny Helvey during the Joules VIP evening

Harborough retailer Joules Clothing has reported a strong set of results for its latest financial period.

The company, which is based at The Point in Rockingham Road, Harborough, and which is celebrating its 25th anniversary this year, recently reported its performance for the year ended May 25, 2014,

Total revenue surged by 21.3 per cent from £79.4m to £96.3m and profit-before-tax and exceptional items grew by 23.3 per cent to £5.1m.

Retail sales from its own stores increased by an impressive 36 per cent.

Its website and catalogue sales were also up 36 per cent, helped by its ecommerce investments and new click-and-collectservice.

There was continued growth in its wholesale sales, up five per cent.

International sales increased 44 per cent during the period reflecting appeal of the Joules brand overseas.

And a total of 19 new stores opened during the period, bringing the total number up to a total of 85.

In a press statement, Joules said it had delivered another period of strong growth and brand momentum, reflecting customers’ strong connection with the brand and its increasing presence across its distribution channels.

Tom Joule is founder and chied executive officer of the firm.

He said: “This was an exceptional period for the business as we continued to deliver strong progress against our strategy of developing Joules as an international lifestyle brand.

“We remain resolutely focused on carefully growing Joules in the UK and internationally while ensuring the brand remains loved by existing customers and attracting new ones.

“This has resulted in strong growth across all of the brand’s distribution channels.”

He thanked all members of staff who helped to deliver its strong performance and its customers.