Fashion Retailer Joules Preps for No-Deal Brexit With EU Facility

A growing list of UK companies are minimising disruption to operations by prepping for a no-deal situation.

MARKET HARBOROUGH, United Kingdom — Fashion retailer Joules Group is establishing a European union-based distribution facility and bringing the inventory of its 2019 spring-summer collection into the UK earlier than usual as it prepares for a no-deal Brexit.

Joules Group, which designs and sells colourful clothes, accessories and furnishings, also said on Wednesday it was preparing for an expected increase in administrative activities and hedging currency more than 12 months forward ahead of the UK's planned departure from the EU bloc.

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