Modella Capital
This coverage examines Modella Capital’s investments and strategic activity within the UK retail sector. Reporting focuses on its acquisitions of established retail brands—including Hobbycraft, The Original Factory Shop, Crafter’s Companion, and WHSmith’s high street division (now rebranded as TGJones)—as well as its approach to turnaround strategies, store portfolio optimisation, and leadership transitions. These insights are tailored for retail executives, investors, and professionals monitoring private equity’s role in shaping the future of UK high street and multichannel retail.
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Oct- 2025 -17 OctoberEntertainment
The Entertainer partners with Modella for toy supply pilot
The Entertainer has agreed a partnership with retail investment firm Modella Capital to launch curated toy ranges in selected TGJones and Hobbycraft stores across the UK. The pilot scheme will see the Amersham-based toy retailer manage product selection and merchandising in six TGJones and six Hobbycraft locations from the end…
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Sep- 2025 -29 SeptemberHigh Street
Modella acquires 156 Claire’s stores in UK&I rescue deal
Specialist retail investment firm Modella Capital has officially acquired 156 Claire’s stores in the UK and Ireland after the accessories chain entered administration last month. Claire’s, known for ear piercings and jewellery, went into administration on 13 August 2025 after years of financial difficulties. The UK and Ireland arm is…
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18 SeptemberHigh Street
Modella Capital leads race to acquire Claire’s UK arm
Modella Capital is leading the race to acquire the UK arm of Clire’s, after reportedly agreeing the outline of a deal with Ames Watson, the new US-based owner of Claire’s, Sky News has reported. The London-based investor, which bought WH Smith’s high street business earlier this year, is said to…
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8 SeptemberHigh Street
Modella and Doug Putman vie for collapsed Claire’s UK stores
Modella Capital along with Doug Putman, the businessman who rescued HMV, are both reportedly bidding to take over Claire’s UK operations after the fashion accessories chain fell into administration, according to Sky News. Modella Capital, which this year agreed to buy WH Smith’s 480 UK high street stores and plans…
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Jul- 2025 -29 JulyFeatures
Claire’s on the brink: can the chain avoid another collapse?
For decades, Claire’s has been the go-to destination for sparkly earrings, scrunchies and ear piercings – a rite of passage for generations of teenagers. But the glitter is starting to fade. The jewellery and accessories retailer, which operates nearly 300 shops in the UK and more than 2,300 worldwide, has…
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21 JulyHigh Street
Lakeland owner Hilco in race to acquire Claire’s
Hilco Capital, the high street investor behind Lakeland and a former backer of HMV and Superdry, is considering a takeover of Claire’s UK business, according to Sky News. Banking sources have told the outlet that Hilco Capital, who was a recent contender to acquire Poundland, is among the potential bidders…
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Jun- 2025 -30 JuneHigh Street
WH Smith cuts price of high street arm by £12m to close deal
WH Smith has officially completed the sale of its UK high street business to private investment firm Modella Capital for £40m, down from the previously expected £52m. Under the new terms, WH Smith will receive £10m upfront, with up to £20m in deferred payments linked to the business’s cash flow…
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13 JuneHigh Street
Activist investor builds stake in WH Smith
Activist investor Palliser has reportedly acquired close to a 5% stake in WH Smith, worth about £65m at its current share price, according to reports from Sky News. Palliser is thought to hold WH Smith’s management team, led by chief executive Carl Cowling, in high regard with the move coming…
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4 JuneHigh Street
WH Smith travel sales jump 7% ahead of high street arm sale
WH Smith has reported that its travel business revenues have increased 7% on a constant currency basis during the 13-week period to 31 May. The update follows WH Smith’s sale of its high street estate to Modella Capital on 28 March, meaning that it now identifies as “a pure play…
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May- 2025 -19 MayHigh Street
Poundland store closures ‘likely’ as sale nears completion
Poundland store closures are reportedly “likely” as Gordon Brothers, the former owner of Laura Ashley, has emerged as a frontrunner to take control of the group, according to The Times. Bids for the group, which is owned by Pepco and employs more than 16,000 people across the UK and Ireland,…
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