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95. Tom Joule, founder, Joules

Tom Joule, Joules

New entry

Tom Joule makes his debut in the Top 100 as his British lifestyle brand rounds off its 25th anniversary year with another 12 months of double-digit sales and profit growth.

Revenues at the business, established in 1989 in Market Harborough, increased 22% to £117m for the full year to May 31, while EBITDA increased 18% to £10.7m.

Joule opened his 100th store in Dublin in November, marking the firm’s first full-price store in Ireland and the business is aiming to open a further 12 shops in the UK and Ireland next year across various locations including market towns and shopping centres.

But Joule stepped aside in September to promote managing director Colin Porter to chief executive, allowing himself the time to focus on the brand and creative design.

And to top off a strong year, Joule also scooped the Fashion Retail Business of the Year £30m-£100m turnover gong for the retailer at the 25th anniversary Drapers Awards in November. 

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