Claire’s
Do you remember getting your ears pierced as a teenager? Perhaps you got it done at Claire’s. Sadly, it has since ceased its IPO, which meant it was only a matter of time before it filed for bankruptcy in March 2018. It hopes that this will help it bring down its debt by $1.9 billion. It shut down 130 stores by May 2018. It hopes to find buyers and investors soon.
Claire’s
ADVERTISEMENT
FullBeauty Brands Holdings Corp
FullBeauty is yet another company that blames Amazon for the decline in sales. It is yet another company owned by Apax Partners. The parent company told its lenders that revenue went down by 30 percent during 2017 Q1. FullBeauty has since experienced executive changes, so let us hope that its new CFO, CCO, and CPO will make things better for the business.
FullBeauty
