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The Guardian - UK

Business

Sarah Butler

Flying Tiger snapped up by Modella Capital amid fears for its future

Flying Tiger Modella Modella Capital United Kingdom TG Jones

The Flying Tiger Shop in Glasgow — The Flying Tiger Shop in central Glasgow, one of about 80 outlets the company has in the UK. Photograph: John Peter Photography/Alamy

Flying Tiger is the latest retailer to be snapped up by Modella Capital, the British investment firm which already owns the former high street arm of WH Smith, now called TG Jones.

The Danish company, known for its cut-price homewares and craft kits, operates about 1,000 stores worldwide, including 80 in the UK, where it employs more than 1,000 people.

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