Key facts
- Modella Capital is restructuring Wynsors World of Shoes.
- The restructuring is expected to result in store closures.
- At least 100 job losses are anticipated.
- Modella Capital acquired WH Smith's high street chain last year.
Modella Capital, an investment firm known for acquiring WH Smith's high street chain in the previous year, is now initiating a significant restructuring of Wynsors World of Shoes. This strategic move is projected to result in a number of store closures across the Wynsors chain and is anticipated to lead to the loss of at least 100 jobs. The details of the restructuring plan are expected to be revealed as the process unfolds.