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| Claire's Accessories on brink of collapse putting 2,150 jobs at risk | Claire's Accessories on brink of collapse putting 2,150 jobs at risk |
| (32 minutes later) | |
| Claire's will appoint administrators after struggles with online competition. | Claire's will appoint administrators after struggles with online competition. |
| Fashion accessories chain Claire's is on the brink of collapse after the retailer said it will appoint administrators in the UK and Ireland, putting 2,150 jobs at risk. | |
| The company has 278 stores in the UK and 28 in Ireland but has been struggling with falling sales and fierce competition. | The company has 278 stores in the UK and 28 in Ireland but has been struggling with falling sales and fierce competition. |
| All the shops will continue trading while administrators at Interpath, once appointed, will "assess options for the company". | All the shops will continue trading while administrators at Interpath, once appointed, will "assess options for the company". |
| Interpath chief executive Will Wright, said options include "exploring the possibility of a sale which would secure a future for this well-loved brand". | Interpath chief executive Will Wright, said options include "exploring the possibility of a sale which would secure a future for this well-loved brand". |
| Claire's in the US filed for bankruptcy in the US earlier this month. | Claire's in the US filed for bankruptcy in the US earlier this month. |
| The firm operates under two brand names, Claire's and Icing, and is owned by a group of firms, including investment giant Elliott Management. | The firm operates under two brand names, Claire's and Icing, and is owned by a group of firms, including investment giant Elliott Management. |
| Similar to its UK bankruptcy, the firm said all of its US shops will remain open until an alternative future is found. | |
| Claire's had been particularly popular for its ear piercing services, and was a common stop in the early 2000s for tweens and teens during a weekend shopping trip in malls across the world. | |
| It stores were eye-catching for their colourful selection of hair bands, earrings, jewellery and occasionally toys like slime and fluffy toys. |