Overview

• An Aug. 25 court filing names 291 locations slated to close, including 235 Claire’s stores and 56 Icing stores, with shutdowns occurring on a rolling basis.
• Filings also identify roughly 830 U.S. locations not expected to close immediately as many liquidation sales were halted following the buyer agreement.
• The proposed sale contemplates the purchase of at least 795 and up to 950 North American stores, along with in‑store inventory and brand IP.
• Ames Watson has stated it plans to keep nearly all employees at acquired stores and retain a significant number of staff at Claire’s Illinois headquarters.
• The deal and any store transfers remain subject to approval in U.S. and Canadian bankruptcy courts after Claire’s Aug. 6 Chapter 11 filing.