Claire’s
Claire’s was an institution of American girlhood. This was the place girls went to if they wanted to get their ears pierced and buy accessories and jewelry. First opened in 1961, the store might not live on for much longer. It ceased IPO and applied for bankruptcy in March 2018. It plans to decrease its debt by a whopping $1.9 billion. In May 2018, it closed 130 stores. It is now hoping to find buyers and investors.
Claire’s
FullBeauty Brands Holdings Corp
FullBeauty owns several brands that cater to plus-size consumers. The retailer has also placed the blame on Amazon for its plummeting sales. Apax Partners owns FullBeauty and mentioned this when it spoked to the lenders back in 2017. It reported to its lenders that the revenue went down by 30 percent during Q1 of 2017. The company went through executive changes in July 2018. It introduced its new CFO Bob Riesback, new CCO Liz White, and new CPO Robert Lepere. Can they make things any better?
FullBeauty
