Favourite of Kate's considers Joules bid


Favourite of Kate’s considers Joules bid: Fashion giant behind Princess of Wales’s choice Hobbs mulling over swoop on collapsed retailer

Favourite: The Princess of Wales is often seen in Hobbs clothes

Favourite: The Princess of Wales is often seen in Hobbs clothes

The fashion giant behind the Princess of Wales’s favourite Hobbs is mulling over a swoop on collapsed retailer Joules. 

South Africa’s The Foschini Group (TFG), which also owns Phase Eight and Whistles, is considering a bid to buy Joules out of administration. 

Yummy mummy clothing retailer Joules went bust on Tuesday as it was unable to repay a bank loan due by the end of this month. 

The collapse put its 1,600 staff and 130 stores at risk. 

Kate is often seen in Hobbs clothes such as this stylish double-breasted navy coat and this has boosted the brand’s sales. 

TFG was reportedly in talks with Joules about an investment for weeks before its collapse. 

And sources told Sky News its UK arm TFG London is now weighing up a bid. 

Administrators from Interpath Advisory are running the business through the key Christmas period while looking for a buyer. 



Please enter your comment!
Please enter your name here

Share post:


More like this

Escape to the Chateau: Who is Sophie Laurimore?

Dick and Angel first crossed paths in 2010 at Sophie's...

80+ epic Walmart deals for Cyber Monday and Black Friday—Lego, Dyson. Keurig

— Recommendations are independently chosen by Reviewed’s editors....

I'm A Celebrity's Owen Warner dealt crushing blow hours before live final

I'm A Celebrity...Get Me Out of Here! star...

Inside Mike Tindall’s reunion with wife Zara at luxury hotel after I’m A Celebrity exit

Mike Tindall, 44, arrived at the lavish 5-star...