Claire’s Stores Inc. is considering a potential bankruptcy for its US operations, according to people with knowledge of the matter, as the former fixture of shopping malls across the country struggles with weak demand, higher import costs and a heavy debt burden.
Houlihan Lokey Inc. has been working with the retailer to shore up its finances while also exploring a potential saleof all or part of its operations, which includes store networks in North America and Europe, Bloomberg previously reported. The teen accessory chain has received interest for its European assets, some of the people said, asking not ...
