Joules Group - Energy for expansion
Joules Group is strategically focused on the multi-channel distribution of its distinctive aspirational own brand to a loyal and growing active customer base. It has a significant opportunity to grow international market share via wholesale partners and its online platform. The company has been consistently delivering results ahead of market expectations and consensus revenue forecasts for FY19 and FY20 appear undemanding.Joules Group is principally engaged in the design and sale of lifestyle clothing, related accessories and a homeware range, through the multi-channel business structure embracing retail stores, e-commerce, county shows and events and wholesale. Co. has three reportable segments: Retail, which includes sales and costs relevant to stores, e-commerce, shows and franchises; Wholesale, which includes sales and costs relevant to the sale of products to other retail businesses or distributors for onward sale to their customer; and Other, which includes income from licensing. As of May 28 2017, Co. operated 108 stores in the U.K. and Republic of Ireland as well as three franchise stores.
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