This especially embarrassing since they just blamed Trump’s Tarriffs a couple months ago.
On July 9, 2025, Claire’s warned that it would be considering Chapter 11 bankruptcy protection for its U.S. operations for the second time in 7 years. The company blamed declining consumer demand, rising import costs caused by President Donald Trump’s U.S. tariffs and heavy debt as a result of the decision.
Eat shit Claire’s, selling cheap crap and piercing ears poorly isn’t a business model.
This especially embarrassing since they just blamed Trump’s Tarriffs a couple months ago.
Eat shit Claire’s, selling cheap crap and piercing ears poorly isn’t a business model.
Uh, that business model had done quite well since I was a teen in the 80s.
That’s all you need to know.
Right, private equity bought it because it’s a distressed asset. Claire’s filed for bankruptcy in 2018 already. They’ve been struggling for years.
Making it into a “conservative” culture issue seems like something a vulture capitalist would do.