On the record · Other

Claire's

Teen jewelry and accessories retailer that filed for bankruptcy in 2018 under Apollo-imposed debt. Restructured under Elliott Management

Also known as Claire's Stores

Research depth

Outcomes researched

Reviewed operating findings or a classified operating outcome are available.

Record updated Sept. 4, 2026

Current ownership

Current owner not established

This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.

1 ownership record has an unresolved current/former status.

Ownership and transaction history

Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.

Aug. 6, 2025

Bankruptcy filedR1

Recorded history

Date not recorded

Ownership period began

Owner: Apollo Global Management

Recorded history

What happened under and after ownership

Operating outcome

Operating through distress or restructuring

Filed Chapter 11 in 2018, closing 92 stores, and continued operating. Filed a second Chapter 11 in August 2025; stores stayed open through a sale process.

Ames Watson Capital bought the North American business and IP for $140 million in September 2025, closing 291 stores and keeping roughly 800 to 950 open.

Founded
1961
Peak headcount
18,100
Sponsor at closure
Apollo Global Management
Cause
Debt left at exit
  • Newsweek · 2018 · 2018 bankruptcy filing, 92 stores closing
  • Commercial Observer · 2025 · Ames Watson acquisition, store closure and retention counts
  • Wikipedia · Claire's was founded in 1961 as Fashion Tress Industries, a wig retailer; peak employee count of 18,100 (2015); Elliott Investment Management and Monarch Altern
  • History Oasis · Claire's was taken private by Apollo Global Management in a $3.1 billion 2007 leveraged buyout that loaded the retailer with roughly $2.5 billion of debt, which

Sources and evidence

Other recorded sources

Public provenance attached to an entity, ownership or bankruptcy record.

  1. R1
    PESP Bankruptcy Tracker 2025

    PESP Bankruptcy Tracker 2025 · Bankruptcy source

    Supports: Bankruptcy filing

What we do not know

These are gaps in the public record, not findings about the organization.

  • No current public ownership assessment has been published.

Help improve this record

Firsthand experience, public sources and corrections can help close the gaps above.