Rescue deal saves Claire's but 1,000 jobs remain at risk

The future of popular fashion accessory chain Claire's in the UK has been secured, with the sale of over half its stores, saving around 1,000 jobs. However, 145 stores and remaining jobs remain at risk. Modella Capital has agreed to purchase a majority of Claire's UK, while the administrators work on assessing options for the remaining stores. This sale follows the administration process initiated on August 13, putting 2,150 jobs at risk in the UK and Ireland.