Upmarket fashion chain Joules has become the latest victim of the cost of living crisis hitting retailers.
The clothing company, which has 132 shops, including at the Metrocentre, Alnwick and inside Rutherfords of Morpeth, has appointed administrators after failing to secure emergency investment to keep the business going. The brand is said to have held emergency talks with investors after warning it may not be able to repay a £5million loan by the end of the month.
As well as high street shops, Joules also had hundreds of stockists in the region, including Dobbies, Peter Barrett's and Heighley Gate garden centres and city centre department store Fenwick.
