Modella Capital

Hobbycraft owner eyes potential restructuring

Hobbycraft owner, Modella Capital, has reportedly enlisted advisers from FRP to explore a restructuring at the crafts chain, Sky News…

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WHSmith’s high street exit: what it means for the retail industry

After more than 230 years as a staple of British high streets, WHSmith is considering selling off its entire high…

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Today’s news in brief-14/2/25

The fast fashion retailer In The Style is reportedly preparing to appoint administrators as its financial struggles deepen. Acquired by…

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In The Style owners line up administrators

In The Style is reportedly on the brink of insolvency less than two years after it was sold to Baaj…

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Today’s news in brief-28/1/25

HMV owner Doug Putman is reportedly exploring a bid for WH Smith’s high street arm after the retailer announced plans…

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HMV owner eyes bid for WH Smith’s high street arm

The owner of HMV is reportedly considering snapping up WH Smith’s high street arm, after the retailer this week confirmed…

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Today’s news in brief-27/8/24

UK shop prices have fallen for the first time since October 2021, with the BRC-NielsenIQ index reporting deflation of 0.3%…

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Modella Capital acquires Hobbycraft from Bridgepoint

Privately-owned specialist retail investment boutique Modella Capital has announced its acquisition of Hobbycraft, the largest arts and crafts retailer in…

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Hobbycraft on brink of sale to retail investor

Hobbycraft is reportedly closing in on a sale to a specialist retail investor, Sky News has reported.  Modella Capital is…

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Today’s news in brief-1/7/24

Several firms, including Gordon Brothers led by Mark Newton-Jones, are bidding to rescue The Body Shop’s UK business after its…

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