Overview
- Retail industry sources identify Modella as the frontrunner, with a potential agreement possible before year-end.
- Wynsors has been running a formal sale process for roughly two months with accountancy firm RSM advising.
- The chain operates about 50 standalone shops in northern England, around 40 concession sites, and employs roughly 440 people.
- Wynsors focuses on children's school shoes and has seen performance pressured by higher labour costs linked to last year's Budget.
- Modella has been an active buyer of retail chains, owning TG Jones (WH Smith’s high-street chain), Hobbycraft and The Original Factory Shop, and it declined to comment on the talks.