CLAIRE’S Accessories has been thrown a lifeline after a deal was struck to save the majority of its UK and Ireland operations.
Administrators for Claire’s Accessories UK business said they have agreed to sell 156 stores to investment group Modella Capital, securing around 1,000 jobs.
This is welcome news for employees and loyal customers who have relied on the brand for its fashionable jewellery, accessories, and piercing services for decades.
Modella Capital has been making waves in the retail sector, having acquired WH Smith’s high street outlets earlier this year and rebranding them as TGJones, alongside previous investments in Hobbycraft, Paperchase, and Tie Rack.
