Claire's Accessories shuts all Ireland and UK stores with 1,300 redundancies

CLAIRE’S ACCESSORIES HAS shut all its 154 high street shops across Ireland and the UK.

Administrators for the fashion accessories chain said that around 1,300 workers will be made redundant as a result.

The move does not affect the retailer’s 356 concessions and its head office.

The retailer, which is known for its jewellery, clothing accessories and ear-piercing services, was founded in the US and first launched in the UK in 1996 before quickly expanding its stores. It opened its first shops in Ireland in 2000. 

But it has come under pressure from low-priced online competitors in recent years.

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The closures come after private equity owner Modella Capital hired Kroll to oversee the administration earlier this year.

Modella, which also owns former WHSmith high street business TG Jones and Hobbycraft, placed the brand into insolvency after it was hit by “alarming” weak Christmas trading.

It marked the second administration for the business in a matter of months, having originally been bought by Modella from administration in September last year.

Claire’s had already shut 145 stores, with around 1,000 jobs lost, during the previous administration last year.

A spokesman for Kroll said: “As of 27 April, all Claire’s standalone stores in UK and Ireland have ceased trading. All store employees have been advised of redundancy.

“We understand an interested party is in discussion with a number of landlords with a view to taking new leases for some of the sites.”

With reporting from Press Association

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