Middle-class fashion firm Joules shrugs off High Street gloom to post 14pc jump in revenues – This is Money

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Middle-class fashion firm Joules shrugs off High Street gloom to post 14pc jump in revenues

City & Finance Reporter for the Daily Mail

Middle-class fashion firm Joules has shrugged off High Street gloom to post a 14 per cent jump in revenues.

The company, best known for its colourful wellington boots and waterproof jackets, raked in £113.1m of sales in the six months to November 25.

In demand: Joules' typically British style has also been a hit overseas

In demand: Joules’ typically British style has also been a hit overseas

Shares soared 11.1 per cent, or 23p, to 230p after it said full-year earnings are likely to be higher than expected.

Joules’ typically British style has also been a hit overseas, and international sales now account for 16 per cent of total revenues compared with 11.3 per cent a year ago.

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