Claire's
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Claire’s to Appoint Administrator in UK and Ireland, Putting 2,150 Jobs at Risk
Chief executive Chris Cramer said, ‘This decision, while difficult, is part of our broader effort to protect the long-term value of Claire’s across all markets.’
Why Some Virtual Experiences Succeed and Others Become Digital Ghost Towns
More than a year since fashion brands started jumping into virtual environments like Roblox, they face a new challenge: keeping users coming back as they try to turn their marketing into sales.
Claire's Plans Bankruptcy, With Creditors Taking Over
The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.
Retail's Creditors Left Grasping as Brands Are Put Out of Reach
Lenders count on the drawing power instantly recognisable names like J. Crew and Claire's, the “intellectual property,” to provide some value in case a company goes bust.
Distressed Retailers Scour Loan Fine Print for Debt Strategies
Heavily indebted retailers J. Crew Group Inc. and Claire’s Stores Inc. are delving into their loan agreements to find creative ways to raise or reconfigure their debt.
Sears, Claire’s at High Risk in Fitch Study of Retail Failures
Sears Holdings, Claire’s Stores and Nine West Holdings are among seven chains at high risk of defaulting within a year as shoppers shift to online merchants and spend more on experiences.
Claire’s Corners Bondholders With $800 Million Debt Swap Plan
Claire’s is turning to its creditors to help it avoid becoming the latest mall chain to succumb to a mountain of debt.
