Joules has stores across the region including at Cannock's McArthurGlen designer outlet, Shrewsbury and Birmingham.
Around 1,600 jobs are under threat after fashion retailer Joules revealed it is set to appoint administrators following a failure to secure a vital cash injection.
Joules, which has stores across the region including at Cannock's McArthurGlen designer outlet, Shrewsbury and Birmingham, said: “The board is taking this action to protect the interests of its creditors.” The deal led to 320 redundancies at Made, while a further 79 employees who had already resigned and were working out their notice were forced to leave the business immediately.
It was also holding discussions with Mr Joule and its lender over a possible bridge financing deal to allow the funding talks to continue, but failed to secure the crucial strategic investment needed.
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