We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Jewelry retailer Claire’s struggles to land bid for British chain
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > Jewelry retailer Claire’s struggles to land bid for British chain
Business

Jewelry retailer Claire’s struggles to land bid for British chain

By Editorial Board Published August 6, 2025 2 Min Read
Share
Jewelry retailer Claire’s struggles to land bid for British chain

The jewelry retailer Claire’s is struggling to discover a purchaser for its British excessive avenue operations, stoking fears over hundreds extra retail jobs.

The exact variety of workers at its British operations is unclear, though one insider mentioned the corporate had a 5,000-strong workforce throughout Europe, together with the UK.

Cash newest: The £1,354 profit that 214,000 Britons are failing to assert

A submitting for administration within the UK is alleged to be unlikely this week however is now thought to be more and more doable as quickly as this month, based on retail executives.

Potential bidders for Claire’s British arm, together with the Lakeland proprietor Hilco Capital, have backed away from making provides in latest weeks as the size of the chain’s challenges has turn into clear, a senior insolvency practitioner mentioned.

Interpath Advisory, the restructuring agency, was just lately employed to discover a purchaser for the UK enterprise and its wider European operations.

One retail trade boss had speculated that as many as a 3rd of the UK outlets may very well be axed in a deal to salvage the remainder of the chain, placing a whole lot of jobs in danger.

Claire’s has been a fixture in British buying centres and on excessive streets for many years, and is especially widespread amongst teenage customers.

Houlihan Lokey, the funding financial institution, has been advising on the sale of the US arm.

Based in 1961, it’s reported to commerce from 2,750 shops globally.

The corporate is owned by former collectors Elliott Administration and Monarch Different Capital following a earlier monetary restructuring.

Interpath declined to remark.

TAGGED:bidBritishchainClairesjewellerylandretailerstruggles
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Excessive-Crime Blue Neighborhoods To Turn out to be Police-Free Zones | Economics

Excessive-Crime Blue Neighborhoods To Turn out to be Police-Free Zones | Economics

Economics
October 22, 2025
Inflation: Price of dwelling challenges require daring choices

Inflation: Price of dwelling challenges require daring choices

Treasury steering on Tuesday afternoon that Rachel Reeves has prioritised easing the price of dwelling…

October 22, 2025
63 folks killed in crash involving two buses in Uganda

63 folks killed in crash involving two buses in Uganda

A minimum of 63 folks have died after two buses collided in Uganda.Police consider the…

October 22, 2025
Inflation static at 3.8% as easing meals costs assist tame peak

Inflation static at 3.8% as easing meals costs assist tame peak

The speed of inflation remained static in September, in accordance with official figures, which might…

October 22, 2025
US Protection Contractors Increase Forecasts After Zelensky Assembly | Economics

US Protection Contractors Increase Forecasts After Zelensky Assembly | Economics

Ukrainian President Volodymyr Zelensky met with a number of US protection contractors this week, together…

October 22, 2025

YOU MAY ALSO LIKE

CBI enterprise group to call BAE Methods’ Hogg as subsequent president

The CBI, Britain’s best-known enterprise lobbying group, will on Wednesday title Cressida Hogg, the BAE Methods chair, to take the…

Business
October 22, 2025

Shrinking herds and rising prices: The meat market is in turmoil – and inflation is spiralling

If you happen to eat beef, and ever cease to marvel the place and the way it's produced, Jonathan Chapman's…

Business
October 22, 2025

Chancellor taking a look at reducing power payments in finances

Rachel Reeves will inform Cupboard colleagues she is contemplating measures to cut back family power payments as a part of…

Business
October 21, 2025

Ukraine makes use of British Storm Shadow cruise missiles to strike Russian chemical plant

British Storm Shadow cruise missiles penetrated Russian air defences in a "massive" strike by Ukraine in opposition to a chemical…

World
October 21, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?