The Original Factory Shop news and archive

The Original Factory Shop closes UK stores

The Original Factory Shop (TFOS) has closed all of its UK stores after collapsing into administration. The company has confirmed the closure of its 137 stores and Bolton headquarters, marking the end of its 50 years in trading. Administrators from Interpath confirmed that the company would be winding down to the media earlier this month. The...

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Business

UK high street administration wave: The 5 retailers facing early 2026 setback

The UK high street has faced an early setback in the new year, with five major retailers already entering administration. Each company cited their respective collapses to rising business costs and cautious consumer spending. It comes despite more positive projections for the year ahead by industry analysts. According to a report by Knight Frank,...

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Business

Claire’s and The Original Factory Shop enter administration proceedings

This week has been yet another rife in administration proceedings. Claire’s UK and Ireland operations have officially collapsed, as has discount retailer The Original Factory Shop (TFOS), collectively putting around over 2,180 jobs at risk. Both companies are owned by Modella Capital. Claire’s administration was confirmed to Sky News on Monday,...

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Claire’s and The Original Factory Shop due to enter administration

The parent company of Claire’s and The Original Factory Shop (TOFS) is preparing to enter the two retailers into administration. Private equity firm Modella Capital said the current climate was “extremely challenging” for high street retailers, particularly due to “an alarming drop-off in pre-Christmas footfall”. In a statement to The Guardian,...

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Retail

From New Look to Select Fashion: Inside the retail collapse threatening the UK high street

The UK retail landscape continues to face mounting challenges. Amid rising operational costs, the long-tail impact of the pandemic and ongoing supply chain disruptions, many businesses are navigating an increasingly volatile environment. An uncertain outlook remains for a significant portion of the sector – and the country is on track to see a...

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The Original Factory Shop launches CVA, thousands of jobs at risk

Discount retailer The Original Factory Shop (TFOS) has officially proposed a company voluntary arrangement (CVA), potentially putting nearly 1,000 jobs at risk. According to Sky News, the firm’s parent company Modella Capital, which acquired the company in February, launched the process on April 24 and, with it, has drawn up a plan to negotiate...

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Modella Capital reportedly snaps up The Original Factory Shop

Budget retailer The Original Factory Shop (TOFS) may have found its buyer in Modella Capital, a private equity firm which has previously invested in Hobbycraft. This is according to Retail Gazette, which reported that Modella made a “last minute bid” for the discount chain last week. The media outlet stated that Modella swept in after talks...

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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...

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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...

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...