New CEO for Joules
Written by HFM on 15th August 2022
One of Market Harborough’s most successful companies has just revealed its new Chief Executive Officer.Clothing brand Joules, which employs around 400 people at its Rockingham Road HQ, has been suffering from reduced sales due to the cost of living crisis.In May, shares also fell sharply as the retailer announced a shake-up of wholesale operations as a result, including pulling out of the EU and USA next year.After the announcement that Nick Jones would be stepping down as CEO this summer, Joules has just announced that Jonathan Brown will take his place on September 30th.The 51 year-old has previously held senior roles at British Airways, Coca-Cola and CompareTheMarket.comIn a statement issued today, Mr Brown says: “I look forward to working closely with the Joules team to return the business to sustainable, profitable growth and optimise the significant future opportunities available to us.”

The Joules HQ in Market Harborough
Pic: Andy Carpenter