Claire’s is headed back to bankruptcy court.

On Wednesday, Claire’s Holdings LLC and certain of its U.S. and Gibraltar-based subsidiaries (collectively Claire’s U.S.), the operator of Claire’s and Icing stores across the United States, today announced that it has commenced voluntary Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware.

The accessories firm — which sells an assortment of jewelry, socks, slippers, beauty, hair accessories and home — said the move is to “to maximize the value of its business.”

What’s more, the company’s Canadian affiliate operating stores across Canada (Claire’s Canada, and together with Claire’s U.S.) also intends to commence proceedings in Canada under the Companies’ Creditors Arrangement Act (CCAA) in the Ontari

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