(CNN) – Claire’s has filed for its second bankruptcy in less than a decade.

The iconic mall staple that sells accessories and ear piercings filed for Chapter 11 bankruptcy protection on Wednesday.

The 64-year-old retailer in recent years has been dealing with competition from online rivals, mounting debt and the uncertainty from tariffs.

Claire’s is heavily dependent on importing its goods from China, Cambodia and other Asian countries.

Those countries have been hit hard by the Trump Administration with aggressive trade policies.

Claire’s first filed for bankruptcy in 2018 when it had more than 4,500 stores globally. It is now down to a little more than 2,700 across 17 countries.

Claire’s did not immediately respond to a request for comment.

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