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Evening Standard
Evening Standard
Business
Rhiannon Curry

HISTORICAL FACTS: Retailer joules announces plans to appoint administrators - Caught on Camera

The struggling retailer has announced plans to appoint administrators

(Picture: PA Media)

Country fashion brand Joules is set to appoint administrators after failing to agree a financing deal to rescue the business, putting around 1,600 jobs at risk.

The company revealed last week that it was in discussions with a number of investors to try and raise cash after the mild autumn and fading consumer confidence dented its sales.

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