Claire's, the high street jewellery and accessories retailer, has announced plans to enter administration in the UK and Ireland, putting over 300 stores at risk. The company has filed a Notice of Intention to Appoint Administrators (NOI), but reassures that its stores remain open and continue to trade as usual, with its website still accepting orders.
According to the BBC , Claire's operates 278 stores in the UK and 28 in Ireland, with Will Wright and Chris Pole from Interpath expected to be formally appointed as joint administrators. This development follows Claire's filing for bankruptcy in the US for the second time, with more than 2,700 stores worldwide.
Staff were reportedly instructed not to allow bailiffs into stores to seize anything following the bankruptcy announcement. Cla