HOFFMAN ESTATES, Ill., March 19, 2018 /PRNewswire/ — Claire’s Stores, Inc. (“Claire’s” or the “Company”) announced that it is pursuing a financial restructuring in order to eliminate a substantial portion of debt from the Company’s balance sheet and position Claire’s for long-term success pursuant to a chapter 11 reorganization process commenced in the United States Bankruptcy Court for the District of Delaware by Claire’s and certain of its U.S. affiliates. Claire’s international subsidiaries are not part of the Company’s U.S. chapter 11 filings.
The Company’s management is confident that, through the restructuring process, Claire’s will cement its position as one of the world’s leading specialty retailers of fa…
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