Claire's is set to close 145 stores across the UK and Ireland after a rescue deal saved half of the business. Investment firm Modella Capital saved the popular accessories chain last week, purchasing the majority of its operations and assets from administrators.
Last Monday administrators agreed to sell 156 stores to the investment group, however, 145 stores were not included in the deal and jobs could be at risk. Administrator Interpath said it will keep the 145 Claire's stores open as long as possible while it explores other options, but it has been reported that clearance sales have already started at some of the outlets.
You can use our interactive map below to see if your local store is under threat. Final closure dates will vary by location.
Claire's called in administrators for its UK and Ireland operations last month after filing for bankruptcy in the United States.
Modella has become a significant player in the UK retail sector since it was set up in 2022, having also acquired WHSmith's high street division earlier this year. Last year, it took over the arts and crafts chain Hobbycraft and it also invested in Ted Baker.
Joe Price, managing director at Modella Capital, said: "As a firm, we strongly believe that this much-loved brand deserves the chance to remain on the High Street in the UK and Ireland.
"The issues that Claire's is facing are significant, and we will need to work collaboratively with all interested parties if our proposed rescue plan is to succeed."
Claire's UK administration began on August 13, following its US business filing for bankruptcy on August 7.
After weeks of uncertainty, Modella Capital struck a deal with Claire's US parent company, Ames Watson, to take over 156 UK stores.
Employees have been told decisions will be made as quickly as possible, but the future of at-risk stores remains uncertain until talks are complete.
Natasha Harbinson, Managing Director at Interpath, said: "We are pleased to confirm a sale of the majority of Claire's UK business and assets which will ensure this popular brand will continue to trade on high streets up and down the UK."
You may also like
'I was accused of being a Traitor in front of Claudia Winkleman - I won't forget it'
Meghan Markle's surprise Paris appearance may signal next move - 'not a casual cameo'
Thomas Skinner admits 'I wasn't good enough for Strictly' after controversial stint
Japan Gets Its First Woman PM
BBC Morning Live star hints 'anything could happen' as they tease show first