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Reading: High street name collapses into administration putting 1000 jobs at risk – Liverpool Echo
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High street name collapses into administration putting 1000 jobs at risk – Liverpool Echo

Last updated: January 27, 2026 1:30 am
Published: 3 months ago
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Claire’s Accessories enters administration for second time, putting 1,000 jobs and over 150 UK and Ireland stores at risk

laire’s has tumbled into administration once more, delivering another devastating blow to Britain’s high street and threatening 1,000 positions across over 150 outlets.

The popular retail chain was expected to lodge notice of its intention to appoint administrators shortly following the Christmas period, with Kroll now confirmed to oversee the insolvency proceedings for its UK and Irish divisions.

In a statement today (Monday), Kroll announced: “Philip Dakin, Benjamin Wiles and Janet Burt of Kroll Advisory Ltd were appointed as joint administrators of CAUKI Ltd on 26 January 2026. The company is continuing to trade during this period.”

Parent company Modella Capital, which also oversees The Original Factory Shop, revealed it was entering administration earlier this month. Although both retailers were rescued through emergency acquisitions last year, funds ultimately dried up with industry insiders attributing the downfall to numerous underlying issues.

Those familiar with the circumstances suggested that Government policies combined with landlord pressures had rendered Claire’s commercially unviable, according to Sky News, reports the Express.

A Modella Capital representative had previously stated: “Very sadly, we have had to initiate insolvency proceedings for The Original Factory Shop (TOFS) and Claire’s Accessories UK & Ireland.

“This has been a very tough decision. We have worked intensively in an effort to save both businesses, having made last-ditch attempts to rescue them, but neither has a realistic possibility of trading profitably again.

“In these circumstances, administration is the only option. In both cases, the legacy effects of trading prior to our ownership left them highly vulnerable.”

Read more on Liverpool Echo

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