Claire's Accessories has officially closed all 154 of its standalone stores in Ireland and the United Kingdom, resulting in the redundancy of approximately 1,300 staff members. The closures were confirmed by a spokesperson for Kroll, the administrators appointed to oversee the process after the company filed for bankruptcy earlier this year. The company was acquired by a private equity firm, Modella Capital, last year. "As of April 27, all Claire’s standalone stores in UK and Ireland have ceased trading. All store employees have been advised of redundancy," a Kroll spokesperson stated. The spokesperson also noted that discussions are ongoing with landlords about potential new leases for some of the sites.
Retail · Business
Claire's Closes 154 Stores in Ireland and UK, 1,300 Jobs Lost
Claire's Accessories has ceased trading in all of its 154 standalone stores across Ireland and the UK, leading to the redundancy of approximately 1,300 employees.
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