Claire's Preparing to File for Bankruptcy: Report - NBC Chicago
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Claire's Preparing to File for Bankruptcy: Report

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    Claire’s Preparing to File for Bankruptcy: Report

    Claire’s Stores Inc., the popular accessories chain, is preparing to file for bankruptcy, according to a Bloomberg report. The company did not immediately comment on the report.

    (Published Friday, March 9, 2018)

    Claire’s Stores Inc., the fashion accessories chain that has apparently pierced more than 100 million ears since 1978, reportedly plans to file for bankruptcy.

    The company is about $2 billion in debt, according to a Bloomberg report. Seeking Chapter 11 protection would be a way to keep stores open, at least for now, while executives figure out a longer-term plan.

    The company did not respond to requests for comment from Bloomberg and Today.com.