Good morning!
Today we have updates from:
Joules (LON:JOUL)Time Out (LON:TMO)MySale (LON:MYSL)Clipper Logistics (LON:CLG)Porvair (LON:PRV)And in the world of big-caps, IG Group (LON:IGG) has issued an update. And the executives at Boohoo (LON:BOO) have sold shares (thanks for alerting me to this with your comments).
Timings: finished at 13.40.
Joules (LON:JOUL)
Share price: 225p (+0.5%)No. of shares: 89.4 millionMarket cap: £201 millionPre-close trading update
Joules, the premium British lifestyle brand, today provides a trading update for the first half of the financial year to31 May 2020 (‘H1’).
These H1 sales figures are adjusted to include Black Friday, since it was included in last year’s H1.
I quite like the overall message here:
As you can see, retail and “other” (licensing) both achieved growth.
The only category to fall was wholesale. Wholesale partners have been converting to the retail concession model,…
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