Jewellery chain sells over 150 stores to Modella Capital following heavy losses and high debt
Jewellery chain sells over 150 stores to Modella Capital following heavy losses and high debt
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The popular fashion accessories chain has been brought out of administration by Modella Capital, securing around 1,000 jobs.
Modella Capital warns of ‘inevitable’ closures and job losses at accessories chain while administrators run remaining stores…
Jewellery retailer takes decision a week after bankruptcy filings by parent company in US and Canada
The fashion giant’s hundreds of stores across the UK and Ireland are set to be put into administration
All of the chain's standalone stores have stopped trading in the UK and Ireland.
Claire's has appointed administrators in the UK and Ireland, but its shops will stay open as it considers a possible sale.
