Joules posts profit fall as costs take toll

Exterior of Joules shopfront

Fashion retailer Joules has suffered a decline in first-half profits as rising costs hit its bottom line.

Joules, which last week warned on full-year earnings, reported a decline in interim pre-tax profits before adjusting items to £2.6m from £3.7m in the comparable period last year and £8.4m on a two-year basis.

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