Claire’s puts an end to its business in Spain. The accessories company for children and teenagers has gone into pay off in the country, as published in the Official Gazette of the Mercantile Registry (Borme). The company sold its business in the United States in the summer, and entered into insolvency proceedings in France, the United Kingdom and Ireland. In Spain, it has not been able to overcome its crisis either.
According to the latest accounts published in the Mercantile Registry, Claire’s sales in Spain fell by 6.13% in 2023, the year ended January 31st, 2024. The company went from a turnover of €21.29 million in 2022 to €19.98 million in 2023. However, the operating result did manage to turn green. After a…