Joules enjoys bumper Christmas period

Joules has welcomed news of its “strong performance” over the Christmas period, which saw a spike in sales.

For the seven week period ending January 7, the lifestyle and fashion retailer recorded a 19.2 per cent year-on-year uptick in sales, which it attributed to continued demand and growth in store and online.

Retail gross margin over the same period is expected to be “in line with” the prior year.

“The group’s retail performance through the Christmas trading period is testament to the strength of the Joules brand, unique product proposition and customer engagement,” chief executive Colin Porter said.

“Both stores and e-commerce channels delivered good growth with the increasing awareness and popularity of the brand.”

Joules will reveal its interim results for the 26-week period ended November 26, 201, later this month.

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