The Brief

LOS ANGELES - Claire's is set to close over 290 of its stores as part of its recent bankruptcy and sale to a private equity firm.

The closures will affect both Claire's and Icing locations across the U.S. and are expected to be completed by early September.

What we know:

On August 25, Claire's Holdings LLC filed a court document listing over 290 stores it plans to close.

This follows the company's recent sale of its North American business to private equity firm Ames Watson for $104 million.

The closures include 235 Claire's locations and 56 Icing stores. The filing also indicated that 830 stores, comprising 785 Claire's and 45 Icing locations, will not close immediately.

The company had previously stated in a court filing that it might need to close more than 1,100

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