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BREAKING – Claire’s Stores files for Chapter 11 Bankruptcy

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Claire’s Stores jewelry chain files for Chapter 11 bankruptcy protection

CLOSE Mall jewelry chain Claire’s Stores filed for Chapter 11 bankruptcy protection, hoping to escape huge debts preventing the company from shimmering in a dim environment for retail. Claire’s is another victim of a string of private equity buyouts orchestrated by outside investors who loaded up on debt about a decade ago, saddling retailers with burdensome payments.

Chris Kidd is the owner of StyleCareers.com, StylePortfolios.com, StyleDispatch.com, FashionCareerFairs.com and MayoroftheMall.com.