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Published 12:59 7 Oct 2025 BST
Updated 13:02 7 Oct 2025 BST
In the last few months, news emerged that a major fashion accessories retailer was on the verge of collapse, putting over 2000 jobs at risk.
Administrators were called into Claire's Accessories to look to rescue the chain, after the US-based Claire's group struggled to find a buyer for its UK operations.
Claire's has been present on the British high street for decades, with the brand being founded in 1961.
It has been a staple of the high street, known for selling accessories, and its ear piercing services.
The company has 278 shops in the UK, and 28 in Ireland, but they have struggled as a result of increased competition and falling sales.
Earlier this week, administrators sold 156 stores to Modella Capital, saving around 1,000 jobs.
However the remaining 145 stores were not part of the deal and are now set to be closed.
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