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The teen accessory retailer cites debt obligations and competition from online retailers as it enters Chapter 11 proceedings ...
The Localisation Support Fund warns that offshore e-commerce retailers like Shein and Temu are displacing thousands of jobs ...
Mall-based teen accessories retailer Claire’s, known for helping to usher in millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing ...
Claire’s Chapter 11 filing follows the bankruptcies of other teen retailers including Forever 21, which filed in March for ...
Claire’s, the jewelry chain that was once an inescapable part of life for many teens, filed for bankruptcy a second time ...
The accessories brand, which runs almost 3,000 Claire’s and Icing stores globally, has struggled to compete with online rivals as tariffs gnaw at its margins.
The chain’s bankruptcy filing is the second in seven years. Its troubles include unwieldy debt, shoppers’ changing habits and ...
China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, ...
Temu and Shein have long been known for their ultra-low prices. In fact, Temu’s famous Super Bowl ad encouraging people to ...
President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty ...
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