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Modella buys most of Claire's UK stores out of bankruptcy

Hobbycraft-owner Modella Capital has bought just over half of US-based jewellery chain Claire's stores in Britain and Ireland, saving around 1,000 jobs, the administrators of the UK and Irish business said today.
Business • 29 Sep

Claire's to sell its North America business

Fashion jewellery retailer Claire's said today it would sell its North America business to private equity firm Ames Watson for an undisclosed amount, as the company aims to cut losses while navigating ongoing US bankruptcy proceedings.
Business • 20 Aug

Claire's to stay open after appointment of administrators

Administrators have been appointed to Claire's, putting around 2,150 jobs in Ireland and the UK at risk.
Business • 13 Aug

Jewellery retailer Claire's files for bankruptcy in US

Fashion jewellery retailer Claire's has filed for bankruptcy protection in the United States, its second bankruptcy filing after 2018, a court document showed, highlighting a slowdown in consumer spending, leading to lower sales.
Business • 06 Aug

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