Claire’s snapped up by Modella Capital

Claire's store, Stall Street

Source: GettyImages/iStock/Roger Utting Photography

Embattled fashion accessories retailer Claire’s has been bought out of administration by Modella Capital, which owns retailers TG Jones, Hobbycraft and the Original Factory Shop.

The acquisition will see the remaining 156 Claire’s stores in the UK and Ireland remain open and transfer to Modella Capital, preserving around 1,000 jobs.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now