Once a Mall Fixture, Claire's Has No 'Realistic Path Forward'
With a $500 million loan due late next year, the retailer is considering its second bankruptcy in less than a decade
Jewelry on display inside a Claire's Accessories store in London.
Photographer: Chris RatcliffeWelcome to The Brink. We’re Reshmi Basu and Irene García Pérez, reporting from New York on the latest developments at Claire’s, which is considering another bankruptcy and fighting to keep its core customer base. We also have news on Standard Profil and one question on a potential reckoning in the credit market. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Claire’s Stores is fighting for its existence — again. Once a destination for preteen girls, the retailer is considering filing bankruptcy for the second time in less than a decade.