Claire filed, marked for bankruptcy in delaware on Wednesday Second time Adolescents moved towards adolescents have entered the proceedings of chapter 11.
In his chapter 11 filing, the jewelery retailer listed both its liabilities and property between $ 1 billion to $ 10 billion.
Reached for comment, CBS Manivach referenced Clair for this Press release,
“This decision is difficult, but one is necessary,” said Clair CEO Chris Craermer in the company. statement“Increased competition, consumer spending trends and brick-and-mortar changes are going away from retail, in combination with our current debt obligations and macroeconomic factors, this course of action is required for Claire and its stakeholders.”
Claire stores will be open across the United States as it searches for “Strategic Options,” the company Said,
The company, which first offers jewelry, hair goods and ear piercing, first Filed for bankruptcy in 2018 Between the decline in walking traffic in the US Mall.
