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Claire's and The Original Factory Shop enter administration

Source: BBC

High street retailers Claire's and The Original Factory Shop are being put in to administration, risking 2,500 jobs.It comes amid a turbulent time for Claire's, popular with tweens for its brightly coloured accessories, which was seeking a buyer after its US owner filed for bankruptcy last year.Modella Capital, which owns both chains, said the retailers would enter insolvency proceedings across the UK and…

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Read the original source at BBC