Claire's news and archive

Claire’s outlines European growth strategy, plans to open 50 stores

Accessories retailer Claire’s has outlined the details of its ongoing expansion strategy in Europe, where it is planning to open 50 additional stores throughout 2023. The company already operates more than 900 owned stores and 2,100 partner retailer locations across the region, with its latest plans revolving around a recent increase in stores...

Business

Claire’s refreshes identity of piercing business with new logo and look

Accessories retailer Claire’s has hit the refresh button on its popular piercing business, introducing a new look and feel that reimagines its long-standing legacy. Now dubbed ‘Pierced by Claire’s’, the subsidiary of the retailer will look towards the attitude of new generations of shoppers, supported via a full-funnel marketing plan, including...

Business

Claire’s names new chief merchandising officer

Accessories retailer Claire’s has announced the appointment of Claudia Lima-Guinehut as the company’s new executive vice president, chief merchandising officer. In the role, Lima-Guinehut has been tasked with leading the retailer’s global merchandising, sourcing and design strategy, as well as the brand’s piercing business. The company said that...

Culture

Claire's and V Magazine debut second issue of Mini V

Global fashion brand Claire’s and V Magazine celebrate the launch of the second issue of Mini V, the newest and youngest-skewing edition of the V editorial family. The partnership with Mini V is one of several touchpoints for the brand to highlight the voices of the generation, while allowing Claire's to support its purpose of self-expression....

Retail |In Pictures

Claire’s opens new immersive store in Paris

Jewellery and accessories brand Claire’s has unveiled a new immersive concept store in Paris, the first designed in collaboration with the brand’s creative director in residence Nicola Formichetti, who joined the company in November 2022. The 1,200-square-foot store, located on Rue Faubourg St. Antoine in Paris, has been designed for “total...

Retail

Macy’s adds Claire’s installations and digital bra fitting technology to stores

Department store chain Macy’s has unveiled some new features that have been introduced to a number of its stores, including a new partnership with accessory brand Claire’s. The deal has seen Claire’s store-in-stores added to over 20 nationwide Macy’s locations, including eight of the group’s flagships. A selection of the brand’s hair...

Retail

Claire’s expands Walmart partnership into additional stores

Claire’s has announced the expansion of its strategic partnership with Walmart, which will see the accessories retailer grow its presence throughout US stores. The retailer will be rolling out its accessories and jewellery offer to more than 1,200 additional Walmart locations. The expansion will see Claire’s become available in over 2,500...

Fashion

Claire’s enlists celebrity stylists for online content series

In keeping with its ongoing brand revamp, accessories retailer Claire’s has unveiled a new styling series hosted by celebrity stylist duo, Chloe and Chenelle Delgadillo. The CStyled Content Series, which launched throughout the brand’s digital channels, looks to give shoppers a glimpse into how to style Claire’s accessories, with tips and tricks...

Business

Claire’s reports full-year sales growth

Jewellery brand Claire’s has reported a 53 percent year-on-year growth in sales in its unaudited preliminary results for the 2021 fiscal year. Net sales at the company are expected to reach 1.395 billion dollars, which is also 9 percent higher than fiscal year 2019 levels. Global same store sales grew 18 percent year-over-year, with North...

People

Claire’s announces chief marketing officer

Claire’s has announced the appointment of Kristin Patrick as its chief marketing officer. Patrick, who until recently was the CMO of PepsiCo, will be in charge of marketing including consumer insights, analytics, brand and business strategy, creative vision and omnichannel media. She will report to Claire’s chief executive officer, Ryan Vero. “...

BusinessFeatured

Claire's officially files for bankruptcy

Claire's Stores Inc has announced today they have officially filed for Chapter 11 Bankruptcy to reduce debt by 1.9 billion dollars. Like many other mall-based retailers, Claire's has been struggling due to declining mall traffic. The retail chain said that it reached an agreement with creditors including Elliott Management Corp and Monarch...

Business |ANALYSIS Featured

Claire's owner planning to divest and taking company bankrupt

U.S.-based accessories chain Claire's Stores is reportedly filing for bankruptcy later this month. Same sources, who have required to remain anonymous given the private nature of the deal, also pointed out that Claire’s owner, Apollo Global Management, would pass the company’s lease to lenders including Elliott Capital Management and Monarch...