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business1d ago
Major high street brand with 50 stores set to be taken over by WHSmith's owners
- Modella Capital is in advanced talks to acquire Wynsors World of Shoes, a 50-store retailer in the north of England.
- If completed, Wynsors would join Modella's brand portfolio, including TG Jones and The Original Factory Shop.
- Wynsors has been exploring a sale and hired RSM to identify potential buyers amid rising costs.
- The potential sale follows Modella's £76m purchase of WH Smith in March, affecting the high street retailer landscape.
- Analysts note the deal could preserve Wynsors' 50 stores and key brand identity.
- Sky News first reported Modella is in advanced talks to acquire Wynsors, per the Daily Star recap.
- Wynsors' north England focus may appeal to Modella's regional retail expansion strategy.
- The deal could be finalized by year-end if talks progress positively, insiders say.
- The Daily Star covers the potential acquisition as part of ongoing UK retail consolidation.
- If Wynsors changes hands, branding and store identity could remain under Modella ownership.
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