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What is Modella Capital? Firm in spotlight as Claire’s and The Original Factory Shop face collapse

Investment firm that also bought WH Smith’s high street business has reputation for rapid and hard-nosed restructuring

The expected collapse of the high street retailers Claire’s and The Original Factory Shop, with 2,550 jobs at risk, has put the previously little-known investment firm Modella Capital in the spotlight.

The UK-based firm, which bought the two troubled chains within the last year, was set up by a group of restructuring professionals four years ago and has risen to prominence.

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