Shares in the struggling high street retailer Joules plunged by more than a third after it issued a profit warning blaming the summer heatwave for plunging sales of clothing such as jackets, knitwear and Wellington boots. The company, whose share price has slumped by 90% over the last year, said that it is seeing consumers look for discount clothes “amidst a heavily promotional environment” as...
Sun not shining for welly seller Joules as heatwave hits sales
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