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[–] 6 points 1 year ago (2 children)

This especially embarrassing since they just blamed Trump’s Tarriffs a couple months ago.

On July 9, 2025, Claire's warned that it would be considering Chapter 11 bankruptcy protection for its U.S. operations for the second time in 7 years. The company blamed declining consumer demand, rising import costs caused by President Donald Trump’s U.S. tariffs and heavy debt as a result of the decision.

Eat shit Claire’s, selling cheap crap and piercing ears poorly isn’t a business model.

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  • [–] 4 points 1 year ago (1 child)

    Uh, that business model had done quite well since I was a teen in the 80s.

    under new private equity ownership

    That's all you need to know.

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