<ul data-eligibleForWebStory="false"><li>Tween retailer Claire’s Stores is contemplating bankruptcy for its US operations due to weak demand, high import costs, and heavy debt.</li><li>Houlihan Lokey is assisting Claire's in stabilizing its finances and considering a potential sale of its operations in North America and Europe.</li><li>Claire’s faced challenges post its 2018 bankruptcy, with increased import costs and decreasing consumer spending affecting its business.</li><li>The company is working with Alvarez & Marsal for operational support and has deferred interest payments on its $477 million term loan due in December 2026.</li></ul>

Tween retailer Claire’s considers bankruptcy for US operations

Discover more