
Claire's to Sell North America Business Amid Bankruptcy Restructuring
Published on: Aug. 20, 2025, 12:55 p.m. | Source: Devdiscourse
Claire's is selling its North America business to Ames Watson to reduce losses amid bankruptcy proceedings. The retailer, with over 2,300 stores, filed for bankruptcy, citing $690 million in debt. The sale requires court approval, and liquidation continues for unsold stores.