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Retail

Claire’s reportedly set to close up to 145 stores across UK

Accessories retailer Claire’s is believed to be preparing to shutter 145 stores across the UK and Ireland on the back of securing a new owner for its business in the two regions. The move comes after Modella Capital stepped up to rescue the retailer from administration last week. The deal, however, only involved the purchase of 156 Claire’s...

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Business

Digital Brands Group bets on 36 billion dollar sports merchandise market as NIL sector booms

The global licensed sports merchandise market is a rapidly growing segment of the wider apparel industry. The sector, valued at 36.4 billion dollars in 2024, is expected to increase in value to 49 billion dollars over the next five years, according to Grand View Research, as the number of sports enthusiasts and their fervour for casualised...

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