Claire’s
Claire’s is a place that many girls loved. The accessories and jewelry retailer was opened in 1961, but we are sad to hear that it has ceased IPO. As a matter of fact, CheatSheet even reported that a 2018 bankruptcy would likely happen, and it did. In March 2018, the company filed for Chapter 11 bankruptcy protection and wanted to decrease its debt by a staggering $1.9 billion. It already closed 130 stores by May 2018. It is now planning to sell itself to buyers and investors. Best of luck to them.
Claire’s
FullBeauty Brands Holdings Corp
FullBeauty owns plus-size men and women brands such as Jessica London, Brylane Home, Ellos, Roaman’s, Woman Within, fullbeauty.com, and KingSize. The retailer also suffered from competition with Amazon. Apax Partners, its parent company, mentioned this when it talked to lenders in 2017. According to the company, the revenue saw a decline of 30% during the first quarter of 2017. FullBeauty also changed its executive team in July 2018 and brought Bob Riesbeck, Liz White, and Robert Lepere on board as the CFO, CCO, and CPO, respectively. We hope that they can help turn the tide in no time!
FullBeauty
