Fox Business reports on how to affect the tariff war between the United States and China on retail and companies that are transmitted across global markets.
Claire’s Stores Inc. weighs. A possible sale is because the besieged teenage jewelry store contradicts unimaginable competition and the effect of the president Donald Trump Definitions, according to a report.
People familiar with Bloomberg said that the company, which is primarily owned by Elliot Manager and Alternative capital, owned by Houlihan Lokey Inc to find potential buyers for some or all of Claire sites.
Fox Business has arrived at Elliott, Houlihan Lokey and Monarch for comment.
The company operates under two commercial names: Claire and snow. There are more than 2750 stores in Claire in 17 countries throughout North America, Europe and 190 stores in North America. There are more than 300 Claire stores that were privileged, which are primarily in the Middle East and South Africa. Claire products are also sold in thousands of concessions in North America and Europe, according to their website.
Carerbuilder + Monster Files for bankruptcy
There are more than 2750 stores in Claire in 17 countries throughout North America and Europe. (Daniel Aker / Bloomberg via Getti Imagors / Tire)
Elliott and Monarch has controlled retail stores since it appeared from Chapter 11 of bankruptcy protection in 2018.
At its peak, the store targeted a smaller population with a wide range of jewelry at affordable prices, hair accessories and beauty products. Today, retail stores, facing China sources, are facing high import costs due to the Trump tariff. Consumers also spend their spending in response to The current economic climate.
Elliott and Monarch has controlled retail stores since it appeared from Chapter 11 of bankruptcy protection in 2018. (Justin Sullivan / Getty Emokires / Getty Emoz)
23DME co -founder Ann Wagiki regains control of the banknote testing company
A recent survey from MCKINSEY Consulting Company has already changed or expected to change them soon in response to customs tariffs. Among them, more than half said that this includes reducing spending on non -essential elements, according to the May survey.
The outer surface of the Cleeer store is published on June 23, 2025, in Emirville, California. (Justin Sullivan / Getty Emiez) / Getty Emose)
Get Fox Business on the Go by clicking here
Claires also face a $ 500 million loan in December 2026, Bloomberg said. I also decided to postpone interest payments on her debts Help keep the capital.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/0/0/claires.jpg?ve=1&tl=1
Source link