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Evening Standard
Evening Standard
National
Anna Wise

Modella to buy 156 Claire’s Accessories stores in rescue deal

Fashion accessories chain Claire’s has agreed to sell 156 shops to investment group to Modella Capital (Jonathan Brady/PA) - (PA Wire)

Fashion accessories chain Claire’s has agreed to sell 156 shops to investment group Modella Capital, but the future of 145 remaining stores and around 1,000 workers hangs in the balance, administrators have said.

Administrators at Interpath said the majority of Claire’s UK business and assets had been sold to Modella, securing its future on British high streets.

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