All Claire's articles
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NewsModella Capital demands rent cuts from Claire’s landlords
Private equity firm Modella Capital has demanded rent holidays until after Christmas from the landlords of the stores it acquired as part of its £3.6m deal to save the struggling retailer, Retail Week understands.
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NewsModella Capital weighs up bid for New Look
New Claire’s Accessories owner Modella Capital is understood to be considering a potential bid for womenswear brand New Look, Retail Week understands.
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AnalysisModella Capital: The private equity firm fast becoming the UK high street’s most prolific investor
Embattled fashion accessories chain Claire’s was snapped up by one of retail’s most prolific investors this week as it became the latest addition in Modella Capital’s portfolio
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NewsClaire’s snapped up by Modella Capital
Embattled fashion accessories retailer Claire’s has been bought out of administration by Modella Capital, which owns retailers TG Jones, Hobbycraft and the Original Factory Shop.
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NewsLakeland owner and Dragons’ Den judge join growing list of Claire’s suitors
Lakeland owner Hilco and Dragons’ Den judge Touker Suleyman have both joined the growing list of suitors vying to salvage fashion accessores brand Claire’s out of administration.
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NewsHMV owner and WHSmith buyer eye up Claire’s deal
The buyer of WHSmith’s high street arm, Modella Capital, and HMV tycoon Doug Putman are potential buyers of bust retailer Claire’s Accessories.
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NewsClaire’s collapses into administration putting over 2,000 jobs at risk
Embattled retail chain Claire’s has collapsed into administration in the UK, putting thousands of jobs at risk, Retail Week can reveal.
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NewsClaire’s warns store managers to expect bailiffs as US bankruptcy impacts UK trading
Embattled retailer Claire’s has warned managers of its UK stores to expect bailiffs turning up to recover unpaid debts, Retail Week understands.
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NewsClaire’s files for bankruptcy for the second time
The fashion accessories chain, based in the US, has struggled to find a buyer for its 280 UK stores according to reports.
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NewsHilco ponders pounce on troubled Claire’s
Hilco, the investment business which recently bought Lakeland, is considering an offer for the UK arm of embattled Claire’s.
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NewsClaire’s Accessories eyes sale amid rising costs and stiff competition
Fashion and accesories retailer Claire’s is eyeing a potential sale of the business, according to reports.
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Retail Navigator AnalysisClaire’s (Financials)
Sales at Claire’s UK subsidiary fell 0.8% to £136.9m in the year ended 3 February 2024 (FY2023) amid a challenging consumer environment.
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NewsExclusive: Claire’s launches in-store partnership with Asda
Fashion retailer Claire’s has announced a partnership with Asda and will stock its products in over 500 supermarkets across the UK as part of an “ongoing successful consumer products partnership”.
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Retail Navigator Analysis
Claire’s (Overview)
Claire’s is a major US-based jewellery and accessories retailer with a global presence. In the UK, it is rapidly growing its presence through concessions with Asda, Matalan and New Look, while a new agreement with The Co-op is also underway. Its 300+ standalone stores can be found on most UK high streets while its UK concession total topped 900 by the end of its most recent financial year to 28 January 2023 (FY2022).
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Retail Navigator AnalysisClaire’s (SWOT)
Claire’s is represented in high-profile locations throughout the UK. While the standalone store network has been brought down over recent years, the rapid rollout of concessions across a variety of major retailers had extended Claire’s overall UK presence to nearly 1,250 units in its latest financial year
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Retail Navigator AnalysisClaire’s (People)
Ryan Vero stood down from his role as chief executive officer in June 2024, with Chris Cramer replacing him on an interim basis. Cramer will also continue to serve in his roles as chief financial officer and chief operating officer.
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NewsAccessories specialist Claire’s considers CVA
Claire’s, the accessories specialist with about 350 shops, is understood to be pondering a CVA.
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NewsClaire’s UK business safe despite US bankruptcy fears
Claire’s Accessories’ UK business does not face looming closure, despite reports that the retailer’s core US business may file for bankruptcy.
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DataData: Top 20 international retailers by UK sales
Aldi is the largest international retailer in the UK, ahead of Amazon and Lidl.
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AnalysisAmazon to Arcadia: Who have the big four partnered with?
The list of retailers and brands joining forces with the big four supermarkets has grown further after Sainsbury’s launched an in-store Crussh juice bar.
