Claire's has shut all its 154 high street shops across the UK and Ireland, making around 1,300 workers redundant. The fashion accessories chain's 356 concessions, including many in Asda stores, and its head office remain unaffected.
Administration Process
Private equity owner Modella Capital hired Kroll to oversee the administration earlier this year. A Kroll spokesman confirmed that as of April 27, all Claire's standalone stores in the UK and Ireland have ceased trading, and all store employees have been advised of redundancy.
Future Prospects
Kroll added that an interested party is in discussions with a number of landlords to take new leases for some of the sites, potentially reopening stores under new ownership.
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