ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Jewellery chain Claire’s files for bankruptcy
Bloomberg Claire’s Stores, known for tween jewellery and ear piercing, has become the latest victim of the retail apocalypse. The company filed for bankruptcy on March 19 and said it reached an agreement with creditors including its private-equity backer, Apollo Global Management LLC, to restructure around $1.9 billion in debt. Its plan to survive rests on its reputation for trendy ...
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