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10
Jan 2024
Cyber attack prompted closure of Jules B in Harrogate
Fashion retailer Jules B's decision to close its shop in Harrogate was largely due to the impact of a cyber attack last year, the owner has said.
The Stray Ferret reported last week that the shop, which opened in the former Jaeger unit on Cambridge Crescent in September 2022, was to shut.
Julian Blades, who owns Jules B, today said the attack, which happened last September, “heavily impacted” the business.
He added:
Following the attack, Drapers reported in December Mr Blades “would not pay the $100,000 (£79,200) demanded by the hackers".
It also said the company had enlisted the help of turnaround firm, KSA Group, to “navigate financial difficulty” and had considered implementing a company voluntary arrangement. However, it was not confirmed if this went ahead.
Mr Blades also told the Stray Ferret the Harrogate store is not the only branch to be affected by the attack:
Jules B will close its doors in Harrogate on Sunday, January 14.
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