Claire’s Explores Sale Options
Jewelry retailer Claire’s is reportedly in discussions to find a buyer. The impact of US tariffs on its operations has prompted this move. Claire’s could potentially sell its stores located in both North America and Europe.
This consideration comes as the retailer navigates challenges brought on by tariffs. The potential sale signifies a significant shift in Claire’s strategy to ensure its future viability. The company aims to adapt to the evolving market landscape while addressing the financial pressures from increased tariffs.