Home Business News Claire’s consider UK store closures
Basher Eyre / claire's in North Street

Claire’s consider UK store closures

by LLB Reporter
15th Oct 18 2:27 pm

Top accessory retailer Claire’s is considering closing stores to help turn around the struggling business.

The US chain, which has more than 350 stores in the UK, is exploring options for the future of the business.

According to Press Association, a company voluntary agreement (CVA) is on the cards.

The news comes after the chain’s US parent company emerged from a Chapter 11 bankruptcy earlier this year, having restructured almost $2bn (£1.5bn) of debt.

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