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Claire's: tween jewelry and ear piercing bankrupt
http://x404.co.uk/forum/viewtopic.php?f=19&t=26462
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Author:  paulzolo [ Mon Mar 19, 2018 10:15 pm ]
Post subject:  Claire's: tween jewelry and ear piercing bankrupt

Quote:
America’s teens may have to find somewhere else to get their ears pierced. Claire’s, the chainstore known for its tween jewelry and ear piercing, declared bankruptcy on Monday, the latest retailer to succumb to the online shopping revolution.

Claire’s made the move as it announced it was looking to restructure $1.9bn in debts it built up after being taken over by Apollo Global Management in 2007. The company has struggled as mall traffic has declined and becomes the latest mall fixture to declare bankruptcy following Toys R Us and Sports Authority.


https://www.theguardian.com/business/20 ... est-filing

I expect this will impact over here too.

Author:  l3v1ck [ Tue Mar 20, 2018 6:44 am ]
Post subject:  Re: Claire's: tween jewelry and ear piercing bankrupt

Probably. Though if the UK division is profitable, I expect someone will buy it,

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