Claire's closes all 154 stores in UK and Ireland with loss of 1,300 jobs
4 hours ago
- #consumer trends
- #high street crisis
- #retail collapse
- Claire's has permanently closed all 154 standalone stores in the UK and Ireland, resulting in 1,300 job losses.
- Administrators cited competition from cheap online brands like Shein and Temu, changing consumer tastes towards minimalist and curated jewelry, and challenging high street conditions as key reasons for the collapse.
- The US arm of Claire's also filed for bankruptcy again in 2025, adding to the company's global financial struggles.