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Interpath Advisory has announced that Will Wright and Chris Pole have been appointed joint administrators to Claire’s Accessories UK Ltd, Claire’s European Services Limited and Claire’s European Distribution Limited.
Known for its range of jewellery and accessories, Claire’s currently operates 306 stores across the UK and Ireland, and employs over 2,150 people.
The appointment of administrators follows its announcement earlier this month that Claire’s had filed for bankruptcy in the United States.
The joint administrators said the companies will continue to trade while they “assess options for the business”, including exploring the possibility of a sale as a going concern.
Following their appointment, they said they will also contact all of Claire’s employees in the UK and Ireland to provide further information about “what the administration means for them”.
Will Wright, UK CEO at Interpath, said: “Claire’s has long been a popular brand across the UK, known not only for its trend-led accessories but also as the go-to destination for ear piercing.
“Over the coming weeks, we will endeavour to continue to operate all stores as a going concern for as long as we can, while we assess options for the Company. This includes exploring the possibility of a sale which would secure a future for this well-loved brand.”
