Modella Capital reportedly snaps up The Original Factory Shop

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In The Style backer said to be mulling purchase of The Original Factory Shop

Baaj Capital, the investor behind fast fashion retailer In The Style (ITS), is believed to be mulling a takeover of the The Original Factory Shop (TOFS), a high street budget retailer that has been under the wing of private equity firm Duke Street since 2007. According to Sky News, TOFS is “close to being sold” to Baaj Capital, which the...

28 Jan 2025

BusinessMember

The Original Factory Shop CVA approved, 32 stores to close

The Original Factory Shop (Tofs) has received a green signal to go ahead with its Company Voluntary Agreement (CVA) proposal, which mean it would not close 32 stores of 124 stores while reducing rents on the rest, reports Daily Star. Earlier, according to Company Rescue, private equity firm, Duke Street had agreed to provide 10 million pounds...

10 Jul 2018

Fashion

The Original Factory Shop denies sale rumour

Value UK retailer The Original Factory Shop has squashed reports today that the chain has been put up for sale by private equity owner Duke Street Capital. A spokesperson for the 134-store chain issued the following statement: “Following media speculation regarding a sale of The Original Factory Shop, Duke Street would like to state that it is...

25 May 2010

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