ENDERBY (dpa-AFX) - NEXT Plc (NXT.L), a British clothing, footwear and home products retailer, said on Thursday that it has inked a deal with Tom Joule to acquire majority stake of Joules, a lifestyle
cambell. held. ngozi fulani speaking to sarah campbell- more held. ngozi fulani speaking to sarah campbell. more breaking held. ngozi fulani speaking to sarah campbell. more breaking news. - held. ngozi fulani speaking to sarah campbell. more breaking news. the| campbell. more breaking news. the troubled fashion brand jules has been bought out of administration by its retail rival next and by the originalfounder. next says it plans to continue to run about 100 of joules scores and it confirmed that 19 of them will be closed today. the deal will see next and around 25% around 75% of the business and tom joules will the remaining percentage. the troubled brand joules will be bought out by its rival next. now for the story is making the headlines across the uk.
Joules Group said on Tuesday it
was no longer in talks with retailer Next Plc over a
potential 15 million pound equity investment in
the British fashion group, sending its shares down more than
45%.
. | September 13, 2022