Two high street giants have been plunged into administration, putting more than 2,500 jobs and nearly 300 stores at risk. Claire's is a US accessory retailer that first appeared on UK shopping streets in 1997. The firm entered administration in the UK and Ireland in 2025 after its American parent Claire's Holdings LLC initiated bankruptcy proceedings across the pond. A partial rescue deal saw around 156 stores bought and around 1,000 jobs saved, but the troubles have reared their head once again. Owner Modella Capital, which also owns The Original Factory Shop, the other company that has called in administrators, said trade was “alarmingly” low over Christmas, which left both high street names in a "vulnerable" position. Claire's has about 156 stores operating in the UK. There are reportedly around 140 Original Factory Shop outlets. READ MORE: Brits 'saw it coming' as UK retailer shutting 32 High Street stores READ MORE: Met Police spotted woman feeding pigeons on high street – she left in handcuffs
Published: January 10, 2026 5:59 pm
Source: Daily Express — Read original