Claire's Placed in Receivership in France - RetailDetail EU
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10 Articles
The trademark of jewels at low prices Claire的s is placed in court. A period of observation of 6 months will determine whether a continuation plan is possible, with a buyer, or whether the liquidation...
A judicial reorganization procedure was initiated by the Paris Economic Court concerning the French shops Claire's. Among the hypotheses, a judicial liquidation could be pronounced in 6 months. - The stores Claire's placed in judicial reorganization, 800 jobs threatened (Economie).
A period of observation of six months must be observed before the Paris Economic Court decides whether a continuation plan is possible or whether a judicial liquidation, synonymous with cessation of activity, must be pronounced, according to the lawyer of the staff representatives.
After a period of six months, the court will decide whether a plan for the continuation of the 250 French shops of the American brand is possible, with a possible buyer, or whether a judicial liquidation should be pronounced.
The famous popular brand faces significant financial difficulties.
The brand is known for its jewellery, earrings, and low-priced piercings. The French subsidiary of Claire的s was placed in court on Thursday 24 July. At the beginning of 2024, the brand counted around...
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