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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 ...
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Bizcommunity on MSN34,000 local jobs threatened by Shein and Temu’s growth in SAOver 34,000 clothing retail and manufacturing jobs could be displaced in South Africa by 2030 if offshore e-commerce platforms like Shein and Temu continue to gain market share.This is according to a ...
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.
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