Claire’s Accessories, which has 280 stores in the UK, is facing an uncertain future
Claire’s Accessories is facing an uncertain future on UK high streets as its US parent company has filed for bankruptcy. The US-based fashion accessories and jewellery business, Claire’s, has lodged a Chapter 11 bankruptcy filing in a Delaware court, according to recent documents.
This marks the second time the group has declared bankruptcy, having first done so in 2018 when it was unable to repay a loan. After wiping around £1.4 billion off its balance sheet in a refinancing move, the group saw its finances improve but…