Claire's
Teen jewelry and accessories retailer that filed for bankruptcy in 2018 under Apollo-imposed debt. Restructured under Elliott Management
- FOUNDED
- 1961
- IMPACTS
- 1 documented
- WEB
- claires.com
Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
Claire's founded
Claire's filed bankruptcy under $2.5B in Apollo debt despite being operationally viable
HighClosure / BankruptcyApollo loaded ~$2.5B in LBO debt onto a teen jewelry retailer that was otherwise profitable. Interest payments crushed the business. Filed Chapter 11 in March 2018. 17,000+ workers affected. Emerged diminished.
Claire's Files for Bankruptcy, Crushed by Apollo's Debt
Before / After
Debt vs revenue
reported 2018
before Profitable retailer
after $2.5B debt, bankruptcy
-100%
Community Reviews
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Tracked Locations
FL · 2
7888 Main St
Orlando, FL 32801 · 555-346-7801
2800 Main St
Tampa, FL 33601 · 555-135-1456
IL · 2
6885 Main St
Chicago, IL 60601 · 555-118-8293
1170 Main St
Chicago, IL 60601 · 555-534-5522
MN · 1
1304 Main St
Minneapolis, MN 55401 · 555-423-4670
NC · 1
4913 Main St
Raleigh, NC 27601 · 555-784-9550
OH · 1
1276 Main St
Cleveland, OH 44101 · 555-385-3095
TN · 1
9035 Main St
Nashville, TN 37201 · 555-603-6486
WA · 1
1834 Main St
Seattle, WA 98101 · 555-350-4586