WHSmith owner to buy 156 Claire's stores but 145 are still under threat

Administrators at Interpath revealed that the bulk of Claire's UK operations and assets have been snapped up by Modella, ensuring the brand's continued presence across Britain's high streets View 3 Images 1,000 jobs will be safeguarded (Image: Bloomberg via Getty Images)

Jewellery and accessories retailer Claire's has struck a deal to flog 156 outlets to investment firm Modella Capital, safeguarding roughly 1,000 jobs, according to administrators. ‌

Yet the fate of 145 stores excluded from the agreement hangs in the balance . Administrators at Interpath revealed that the bulk of Claire's UK operations and assets have been snapped up by Modella, ensuring the brand's continued presence across Britain's high streets. ‌

The move follows Modella's recent acquisition of WH