Overview
- Administrators are keeping all 278 UK shops and 28 Irish stores trading while they assess offers.
- Sky News reports that Modella Capital and Doug Putman have submitted bids for the UK business.
- Insiders say any buyer would likely shrink the estate to about 100 viable outlets.
- Claire’s UK entered administration after its US parent filed for Chapter 11, which includes a deal to sell up to 950 US stores to Ames Watson.
- Online orders are currently suspended in the UK and refunds for unshipped purchases are being processed.