WHSmith bidder Modella Capital eyes restructuring of Hobbycraft
The owner of Hobbycraft, Modella Capital, is mulling a restructuring of the arts and crafts retailer, according to reports.
It is understood that Modella Capital, which is one of the two remaining bidders for WHSmith’s high street arm, is “exploring a restructuring” of Hobbycraft just seven months after it bought the chain in August last year.
Already have an account? Sign in here