Fashion

Joules owed £114m to creditors

ProDentim


A “status report” published on Companies House on December 23 and signed by the brand’s founder, Tom Joule, and Joules’ managing director, Jonathon Brown, as well as the directors of Interpath, shows that Joules’ debts included £300,000 due to adviser Deloitte, £3.86. m to HMRC and almost £1.3million to Joules gift card holders.

On December 1, Joules was bought out of administration by Next for £34 million, in partnership with founder Joule.

Fashion

alpilean
Back to top button