Tuesday, September 30, 2025

Modella Capital acquires Claire’s UK, safeguarding 1,000 roles

Modella Capital has acquired the majority of Claire’s UK and Ireland operations, comprising 156 stores and approximately 1,000 staff members. The transaction follows Claire’s UK entering administration in August 2025, after its US parent initiated Chapter 11 proceedings.

Around 145 stores remain under administration while their future is assessed. The business employs approximately 2,100 people across 278 locations in the UK and 28 outlets in Ireland.

The acquisition adds to Modella Capital’s existing retail portfolio, which includes WH Smith, Hobbycraft, and The Original Factory Shop, reinforcing its position in the high-street sector. Administrators will continue running the remaining stores while exploring strategic options for the unsold sites.

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