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N Brown looks to Joules for next design head

Mon, 07th Nov 2022 10:31

(Sharecast News) - N Brown Group has appointed Joules' Helen Low as its new director of design, the online retailer said on Monday.

The Manchester-based firm, which owns the JD Williams, Simply Be and Jacamo brands, said Low would join on 21 November.

Currently head of design at the clothing and lifestyle brand, Low is replacing Neil Hendy, who is leaving after two years in the role.

Sarah Welsh, chief executive of retail at N Brown, said: "[Helen] has a wealth of design, innovation and strategy experience from across the fashion industry.

"She joins at an exciting time for the business, as we continue to elevate our fashion proposition through our differentiated brand portfolio."

Low said: "As N Brown looks to increase its own-designed product, I am looking forward to working with the team to enhance its produce offer."

Low joined Joules from Debenhams, where she was design director. She has also worked at Next, Marks & Spencer and George at Asda.

Last month N Brown reported a slide in half-year sales and profits as consumers, rocked by the cost of living crisis, cut back on discretionary spending.

Joules has also been hit by weak consumer confidence and in September announced a turnaround programme. But on Monday, the struggling brand said sales had failed to pick up, and it was in advanced discussions with investors - including founder Tom Joule - about a potential cornerstone investment.

As at 1030 GMT, shares in AIM-listed N Brown were down 4% at 22.04p.

More News
9 May 2023 14:28

FRC opens investigation into Deloitte's audit of Joules accounts

(Alliance News) - The Financial Reporting Council on Tuesday said it has begun an investigation into Deloitte LLP's audit of Joules Group PLC's results.

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15 Dec 2022 11:58

PRESS: South Africa's Foschini Group aggrieved at failed Joules bid

(Alliance News) - Cape Town-based clothing retailer Foschini Group Ltd has written to the newly-appointed administrators of British country lifestyle retailer Joules, in protest of the decision to sell the business to UK's Next PLC, Sky News reported on Wednesday.

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1 Dec 2022 14:04

TOP NEWS: Next rescues Joules by taking majority stake, keeping staff

(Alliance News) - Next PLC on Thursday said it is buying a majority stake in fellow retailer Joules Group PLC, which last week Friday said it was preparing to be wound up.

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1 Dec 2022 12:53

Next buys Joules out of insolvency - report

(Sharecast News) - Next confirmed on Thursday that it has partnered with Tom Joule to buy retailer Joules out of insolvency for £34m in cash.

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30 Nov 2022 08:51

Joules administrator on brink of rescue deal with Phase Eight owner - report

(Sharecast News) - The administrator to collapsed fashion retailer Joules is reportedly on the brink of a rescue deal with the South African owner of Phase Eight.

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25 Nov 2022 14:43

Joules announces resignation of CFO York as it prepares to be wound up

(Alliance News) - Joules Group PLC on Friday said that Chief Financial Officer Caroline York had left the business, with effect from yesterday.

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21 Nov 2022 11:16

PRESS: SA's Foschini considers rescue offer for UK retailer Joules

(Alliance News) - Cape Town-based clothing retailer Foschini Group Ltd is considering an offer for failed British lifestyles brand Joules Group PLC, Sky News reported on Friday.

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18 Nov 2022 19:49

TRADING UPDATES: Joules nomad resigns; Pharma C loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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16 Nov 2022 17:04

Joules collapses into administration

(Sharecast News) - Beleaguered fashion and lifestyle retailer Joules collapsed into administration on Wednesday, putting more than 1,600 jobs at risk.

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16 Nov 2022 16:57

Joules shares to be cancelled after Interpath named as administrators

(Alliance News) - Joules Group Plc on Wednesday said it expects the listing of its shares to be cancelled after naming Interpath Ltd as administrators.

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14 Nov 2022 12:25

LONDON MARKET MIDDAY: UK-focused FTSE 250 slips before autumn budget

(Alliance News) - Stock prices in London were mostly lower at midday on Monday, save for the FTSE 100, as investors looked ahead to a busy week for UK politics.

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14 Nov 2022 11:19

Retailer Joules to call in administrators as financing talks fail

(Alliance News) - Trading in the shares of Joules Group PLC was suspended on Monday, as the cash-strapped retailer said refinancing discussions have failed, and it will call in administrators.

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14 Nov 2022 07:44

Joules to call in administrators

(Sharecast News) - Retailer Joules has decided to call in administrators after failing to raise new funding, putting around 1,700 jobs at risk.

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8 Nov 2022 12:18

LONDON MARKET MIDDAY: Tepid trade in Europe as US midterm polls open

(Alliance News) - Blue-chip equities in Europe traded off morning lows heading into Tuesday afternoon, but the mood was still cautious, with traders mindful of the US midterm election.

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7 Nov 2022 12:18

LONDON MARKET MIDDAY: FTSE 100 treads water but European shares rise

(Alliance News) - The FTSE 100 stood out on Monday, but for the wrong reason, as share price falls for some of its largest constituents meant the index London large-caps underperformed versus the mid-cap FTSE 250 and European indices.

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