BREAKING: Claire's on brink of collapsing into administration with 281 stores at risk

Claire's has announced plans to file for administration, putting its 281 stores at risk.

The high street

Chris Cramer, chief executive officer, said: "This decision, while difficult, is part of our broader effort to protect the long-term value of Claire's across all markets.

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"In the UK, taking this step will allow us to continue to trade the business while we explore the best possible path forward. We are deeply grateful to our employees, partners and our customers during this challenging period."

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