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Modella Capital to Acquire 156 Claire’s UK Stores, Preserving About 1,000 Jobs

The transfer follows an agreement with US owner Ames Watson during the parent’s Chapter 11 proceedings.

Overview

  • Interpath said 145 UK stores are excluded from the deal and will remain open while options are assessed.
  • Joint administrator Will Wright said the team intends to keep operating the unsold stores "for as long as we can" during the review.
  • The transaction covers substantially most of the UK business and assets after the chain entered administration in August.
  • Modella has been expanding on the high street, including the recent purchase of WH Smith’s non‑travel stores.
  • Administrators also completed a sale of Claire’s Swiss business and said discussions continue over entities in France, Italy and Poland.