Colin Porter is set to leave his role as CEO of Joules before the end of its 2020 financial year. The announcement comes soon after the news that he will become chairman of Moss Bros to succeed Debbie Hewitt in May.
Fashion retailers Joe Browns and N Brown are linking up to extended their product offer in the homewares sector, a super category that has proved increasingly appealing to fashion specialists in recent periods.
Joules may have seen its margins dented in the AW18 and Christmas season but it continued to expand at home and abroad as shoppers bought into its lifestyle offer despite reining-in their spending elsewhere.
Joules has been one of the big success stories of UK retail in recent years, so its Christmas trading update was closely watched on Tuesday. The company really delivered with an upturn compared to the first half.
Struggling Debenhams is under even more pressure as its shares continued their downward trajectory on Thursday, falling almost 9% in the first couple of hours after the markets opened to trade at less than 5p each.
Seasalt Cornwall, the fashion brand that trades on a wholesome Cornish lifestyle, is one of the brands defying the downturn on UK high streets and has just filed an impressive set of results for its latest fiscal year.
Cornish fashion/lifestyle brand Seasalt is continuing to roll out stores in the UK with an opening in the important Cribbs Causway mall, the premier shopping destination in the Bristol and South West England area.