Fashion and lifestyle retailer Joules has submitted plans for new Leicestershire headquarters on Rockingham Road in Market Harborough. The Joules head office is currently spread across five buildings, but the brand plans to build a new head office to bring its operations under one roof.
The plans propose the part-demolition and extension of an existing building, Compass House, which it bought for £4.4m last summer. When redeveloped, the building will stretch to over 66,000 square feet. 435 members of staff are to relocate, and there would be space for a total of 527 members of staff to be on site by 2024. The plans for the new head office are inspired by the design of a country barn and include wildflower meadows surrounding the property, a garden kitchen and a split level car park providing space for 180 cars.
The planning documents submitted to Harborough District Council stated that “Joules is a company that has deep roots in Market Harborough. The company was born and raised in the town and continues to grow there. Joules would like to build on this history by establishing a long-term home in the town.” They commented that “it is Joules’ ambition to facilitate the creation of a state-of-the-art, bespoke facility, whilst providing enhanced working conditions for all employees.”
Joules has consistently produced impressive revenue results in recent years, with a strong rise in sales and profits despite the retail gloom; pre-tax profits were up 28.5% at £13 million in the 12 months to the end of May, while overseas sales grew a third, now accounting for more than 13 per cent of revenue.
Joules’ chief executive Colin Porter said the move was another “important step in supporting the brand's long term growth both in the UK and internationally. This move will enable us to bring our head office teams together in a modern and collaborative working environment.”