Jewelry is displayed at a Claire’s store in Novato, California, on June 23, 2025.
Justin Sullivan | Getty Images
Claire’s announced Wednesday it is selling most of its North American business to private equity firm Ames Watson, just weeks after the jewelry retailer declared bankruptcy.
The companies did not disclose any financial details of the deal.
Claire’s said the move comes as the tween retailer is examining every option to “maximize the value of its business.” It also said it will pause the liquidation process at most of its stores as part of the deal, which Claire’s said will “significantly benefit” the company.
Claire’s said the liquidation process will continue at some of its North American stores.
“As we continue through our…