Jobs at Claire's saved amid deal for struggling retailer

CLAIRE’S Accessories’ future has been secured in the UK thanks to a new deal which saves around 1,000 jobs.

- Rachel Williams

But around the same number of workers remain at risk with some stores still likely to close. The high street staple called in advisers in July to help with a last-ditch rescue plan, as it was facing an outstanding loan payment of £355million due in December 2026.

Joint administrators at Interpath have confirmed that it has sold “substantially most” of the firm to Modella Capital, the business that owns TG Jones — formerly WH Smith — Hobbycraft and The Original Factory Shop.