Claire’s
Claire’s was an American girlhood center. This was the spot girls would go to to get their ears pierced and buy makeup and accessories. The shop was opened in 1961 and, therefore, could not stick around long. In March 2018, it halted IPO and filed for bankruptcy. It is targeting a massive $1.9 billion cut in its debt. 130 stores were shut down in May 2018. It aims now to attract investors and buyers.
Claire’s
FullBeauty Brands Holdings Corp
FullBeauty operates several brands that appeal to broader customers. The retailer even blamed Amazon for its plummeting sales. As stated in its 2017 speech to lenders, Apax partners own the firm, FullBeauty. It told lenders that sales fell by 30% during the first quarter of 2017. In July 2018, the company underwent management changes. The current CFO Bob Riesback, CCO Liz White, and CPO, Robert Lepere, have been appointed. Could they improve matters?
FullBeauty
