Claire’s files for Chapter 11 bankruptcy; facing online competition, mounting debt and tariffs

Name: Claire’s files for Chapter 11 bankruptcy; facing online competition, mounting debt and tariffs
Uploaded: 2025-08-06T18:10:00-0400
Duration: 28 s
Description: Claire's filed for bankruptcy, marking the second time the teen accessories chain entered Chapter 11 proceedings in less than a decade. The retailer has been dealing with competition from online rivals, mounting debt and uncertainty from tariffs. The iconic mall staple is heavily dependent on importing cheap goods from China and other countries.

Claire's filed for bankruptcy, marking the second time the teen accessories chain entered Chapter 11 proceedings in less than a decade. The retailer has been dealing with competition from online rivals, mounting debt and uncertainty from tariffs. The iconic mall staple is heavily dependent on importing cheap goods from China and other countries.