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The tween jewellery and ear-piercing retailer Claire’s has declared bankruptcy in the US for the second time in seven years amid a slowdown in consumer spending and the switch to online shopping.
The US accessories retailer, which has more than 2,700 stores in 17 countries including the UK and France, said in papers filed with a court in Delaware that it had debts of between $1 billion and $10 billion.
Uncertainty about Donald Trump’s tariff policy has raised questions about Claire’s…
