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Claire's UK and Ireland operations are under administration, threatening 2,150 jobs amid declining sales.
Fashion accessories retailer Claire's has appointed administrators for its UK and Ireland business, risking around 2,150 jobs. The US parent firm filed a notice with advisory firm Interpath, which appointed joint administrators. Despite the move, Claire's UK stores will remain open, and staff will retain their positions as administrators seek a potential rescue deal. This follows the company's filing for Chapter 11 bankruptcy in the US for the second time, reflecting declining sales due to weak consumer demand.
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