Retailer behind Claire's Accessories files for US bankruptcy

The US company behind Claire's Accessories has filed for bankruptcy protection as part of a move to reduce its debt by 1.9 billion US dollars (€1.5 billion).

Retailer behind Claire's Accessories files for US bankruptcy
Mon, 19 Mar, 2018 - 22:20

The US company behind Claire's Accessories has filed for bankruptcy protection as part of a move to reduce its debt by 1.9 billion US dollars (€1.5 billion).

Claire's Stores said on Monday its shops, including 378 in the UK, will remain open as it presses ahead with a financial restructure.

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CourtsHeathrowPlace: USPlace: UKPerson: Ron MarshallOrganisation: Claire's AccessoriesOrganisation: Claire's StoresOrganisation: Elliott ManagementOrganisation: Monarch Alternative CapitalOrganisation: Claire'sOrganisation: Apollo Global ManagementOrganisation: ClaireOrganisation: Toys R Us
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