The prolific investor of rue High who owns Lakeland and supported channels, including HMV and Superdry, the resumption of British operations in Claire’s, the jewelry chain in difficulty.
Sky News understands that Hilco Capital, who was also One of the recent bidders for PoundlandOne of the parties that should submit offers for Claire’s in the coming weeks, according to banking sources.
Other parties expected to examine the offers of the British channel of Claire, which is negotiated at around 280 stores, would include Alteri Investors and Modella Capital, which recently bought Wh Smith’s High Street Chain.
The Telegraph reported earlier this month that Claire had hired Interpath Advisory to find a buyer for the British company when he explores options – including bankruptcy – for his operations based on the United States.
Potential business buyers have been informed that a sale of the British channel could lead to a large number of store closures.
A boss of the retail industry has hypothesized that up to a third of British stores could be exploited in an agreement to recover the rest of the chain, potentially hundreds of jobs in danger.
Claire’s has been a must in British shopping centers and in high streets for decades.
Houlihan Lokey, the investment bank, advises the sale of the American branch.
Claire’s, which would be negotiated in 2,000 stores in the world, belongs to the former creditor Elliott Management and Alternative Capital Monarch following a previous financial restructuring.
Hilco could not be joined to comment on Sunday.