Formerly Claire’s Accessories, Claire’s is an American jewellery, toys and accessories retailer with a major UK presence primarily aimed toward girls, tweens and teens. Retail Week provides news, analysis, features and opinion about Claire's and the fashion and kidswear sectors.
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The administrators of Claire’s have confirmed that 1,300 remaining staff have been made redundant, as the business has today been wound up.
Embattled fashion accessories retailer Claire’s was thrown another potential life ring this week when the brand’s European owner revealed he was in talks to acquire its UK stores business.
A French jewellery businessman is in talks with Claire’s as he plans to rescue the business from complete collapse.
It feels like the number of private equity acquisitions has sped up in the past few years, with some big high street names involved.
The Original Factory Shop collapsed into administration owing suppliers millions in unpaid-for stock and other debts, Retail Week can reveal.
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