Capital Group Set to Acquire Claire’s UK, Saving £76 Million
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By Anya sharma | LONDON – 2025/09/20 08:42:52
Investment firm Capital is poised to rescue Claire’s UK from financial difficulties, perhaps saving £76 million. The deal with US-based Ames Watson investment group is reportedly finalized.
According to British press reports, the company has agreed with the US -based Ames Watson investment group on taking over the chain in England. This follows Ames Watson’s previous acquisition of the chain in the United States. Sources indicate that “many people have been interested in a arduous British company,” but Capital emerged as the frontrunner, having reportedly agreed on key contract terms.
Photo: Wikipedia Commons
Claire’s UK Troubles Mirror US Bankruptcy
British Claire’s financial struggles mirrored the earlier collapse of the chain in the United States. Initial reports suggested limited hope for finding an investor, but this changed as Capital neared an agreement with Interpath Advisory, the company’s British asset manager.
“market rumors”
According to Retail Gazette, a spokesman for the investment company did not comment on the information he called “market rumors”.
In August, “British Claire’s stood in the ground,” placing “more than 2,100 jobs at risk in the networks of about 300 stores in England and Ireland.”
In Hungary, the store at the KÖKI Terminal in Budapest closed around the same time as the UK bankruptcy, but this closure was unrelated to the issues in England and America. Claire’s operates 15 stores in Hungary.
