Modella Capital

TOFS places hundreds of jobs at risk under new revival plans

Nearly 1000 jobs at The Original Factory Shop (TOFS) reportedly could be at risk as the company embarks on a…

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Today’s news in brief-22/4/25

Marks & Spencer has apologised to customers after a technical glitch disrupted contactless payments and click-and-collect services over the Bank…

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New Original Factory Shop owner eyes major rent cuts as part of CVA 

The Original Factory Shop (TOFS) landlords could face a package of major rent cuts as its new owner aims to…

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Hilco closes in on Lakeland deal

Family-owned homeware retailer Lakeland is close to being acquired by high-street investment firm Hilco Capital, according to reports from Sky…

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Today’s news in brief-28/3/25

WHSmith has agreed to sell its high street retail arm to Modella Capital in a £76m deal, marking a significant…

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WHSmith agrees sale of high street arm to Modella Capital in £76m deal

Modella Capital has announced that it has acquired the UK high street operations of WHSmith, business based on an enterprise…

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Today’s news in brief-27/3/25

Next has reported record pre-tax profits of £1bn for the year to January 2025, marking a 10.1% increase, and has…

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Lakeland becomes latest bid target for Modella Capital

Homewares retailer Lakeland has become the latest takeover target of retail investor firm Modella Capital, Sky News has revealed.  The…

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New TOFS owner eyes potential CVA and store closures

Modella Capital, the owner of The Original Factory Shop (TOFS), is reportedly working with Interpath Advisory on a potential company…

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Today’s news in brief-13/3/25

John Lewis Partnership has announced that its staff will not receive a bonus for the third consecutive year, despite tripling…

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