Shops will stay open while administrators assess options for the company
The fashion firm Joules has formally fallen into administration, putting the future of the retailer’s 132 shops and 1,600 jobs at risk.
The company said on Monday it had filed a notice to appoint administrators after failing to secure emergency funding. It has now hired administrators from Interpath Advisory, who said shops would stay open while they “assess options for the business”.
Shops will stay open while administrators assess options for the companyThe fashion firm Joules has formally fallen into administration, putting the future of the retailer’s 132 shops and 1,600 jobs at risk.The company said on Monday it had filed a notice to appoint administrators after failing to secure emergency funding. It has now hired administrators from Interpath Advisory, who said shops would stay open while they “assess options for the business”. Continue reading…
