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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

What is Modella Capital? Firm in spotlight as Claire’s and The Original Factory Shop face collapse

People walk past a Claire's shop on Oxford Street in London on a warm and sunny day in August 2025
Modella bought 156 Claire’s stores from administrators last year. Photograph: Tolga Akmen/EPA

The expected collapse of the high street retailers Claire’s and The Original Factory Shop, with 2,550 jobs at risk, has put the previously little-known investment firm Modella Capital in the spotlight.

The UK-based firm, which bought the two troubled chains within the last year, was set up by a group of restructuring professionals four years ago and has risen to prominence.

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