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Claire's rescue deal saves 156 stores and 1,000 jobs

Source: BBC

The future of fashion accessory chain Claire's has been secured in the UK with the sale of more than half of its stores.Modella Capital, which bought the WH Smith high street stores, has agreed to purchase "substantially most" of Claire's UK, the joint administrators confirmed.The new deal will save approximately 1,000 jobs and 156 stores, but 145 other stores could still close.Natasha Harbinson, managing…

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Read the original source at BBC