Next will join forces with Joules founder Tom Joule to acquire Joules.

Joules is a lifestyle retailer offering womenswear, menswear, baby and children’s clothing and a full range of English country-inspired home products, available in the UK, US, Germany, France and other European markets. Recently, British fashion home furnishing retail group Next will join forces with Tom Joule, the founder of British lifestyle retail brand Joules, to acquire Joules, which is in bankruptcy crisis, at a price of 41 million pounds.

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