Rescue deal saves Claire's but 1,000 jobs remain at risk
PositiveWorld Affairs

In a significant development, Modella Capital has stepped in to purchase most of Claire's UK, providing a lifeline for the struggling retailer. This deal is crucial as it aims to preserve the brand's presence in the market, although it leaves 1,000 jobs still at risk. The acquisition not only highlights the ongoing challenges in the retail sector but also reflects the potential for recovery and stability in a time of uncertainty.
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