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The British high street has been dealt a further blow, as another iconic retailer has collapsed into administration across the UK and Ireland, leaving over 2,000 jobs at risk. ‌

For over 60 years, Claire's Accessories has been a staple go-to for many young girls thanks to its vast selection of jewellery, accessories, and toys, as well as its popular ear piercing service. ‌

However, in June this year, the beloved firm had called in advisors and was considering a sale as it faced an outstanding loan worth $480million (£355million) that needs to be repaid in December 2026. ‌

As of yesterday, August 13, following struggling sales and competition, the chain has officially fallen into administration across the UK and Ireland where it operates over 300 stores.

Following it

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