AMERICAS DISTRESS DAILY: Claire’s Files for Chapter 11 Again

Claire’s filed its second Chapter 11 bankruptcy, citing higher import costs and a rocky outlook for consumer spending.

• The retailer had been working with advisers to shore up its finances, but potential pressure from tariffs raised questions on whether it could address a nearly $500 million loan due in December 2026.
• The firm currently has 2,750 stores across 17 countries, down from over 4,500 stores at the time of its first bankruptcy filing in 2018.

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