After Joules revealed its intention to float, Retail Week takes a closer look at the history of the retailer and its vital statistics
1977 – Joule & Sons established by Ian Joule. In the early days products were sold at country shows
1989 – Tom Joule takes over the business and rebrands it as Joules five years later
100 – the quantity made of one of Joules’ first products: pink wellington boots
2000 – the first Joules store opens in Market Harborough, Leicestershire, next door to a café owned by Ian Joule
2001 – Tom Joule establishes wholesale business in response to country shows being cancelled because of foot-and-mouth disease
12 – the number of UK stores opened on average over the past three years
£40m – the amount Tom Joule expects to realise as he halves his 80% stake
22% of revenue is generated by ecommerce
27% of revenue is generated by wholesale
50% – the amount by which group revenues increased from 2013 to 2015, reaching £116.4m
£10.7m – group EBITDA in 2015
198% – international revenues tripled from 2013 to 2015 to £10.6m
98 – stores in the UK and Ireland
9% – of revenue is generated by the retailer’s top 10 performing styles
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