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Modella Capital charges TG Jones millions in licence fees amid restructuring push

Retail Gazette 08 May 2026 16h ago
Modella Capital charges TG Jones millions in licence fees amid restructuring push
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Brand Signal
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Modella Capital is allegedly charging TG Jones, the business behind the former WHSmith high street stores, millions of pounds in licence fees for the use of its new brand name, according to documents seen by The Guardian. The investment firm, which acquired WHSmith’s 480-store high street business for £76m last year, is understood to be...
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