‘As Next snaps up Joules, expect more retailers to go shopping for distress deals’

Exterior of Joules, Burnham Market

The current economic environment means the recent rash of acquisitions could continue, but such deals can turn a crisis into a shared opportunity, writes Retail Week executive editor George MacDonald

Fashion giant Next bought Joules out of admin this week in alliance with founder Tom Joule, again seeing opportunity in brands that have gone belly up.

The Joules deal came hard on the heels of Next’s acquisition last month of Made.com, which went skint in the torrid trading conditions afflicting many retailers.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.