Private equity and the high street - asset stripping, debt, closure
Modella owns chains TGJones, Claire’s and The Original Factory Shop, which have now closed all stores with the loss of about 2,500 jobs. And, Hobbycraft , which also closed numerous stores.
www.theguardian.com/business/202...
Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidays
