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Uncertain future for Dumfries branch of Claire's as fashion firm enters administration

Uncertain future for Dumfries branch of Claire's as fashion firm enters administration

Daily Record3 days ago
More than 2,000 jobs are at risk across the UK and Ireland, including those at the Loreburn Centre in Dumfries.
Staff at the Dumfries branch of Claire's face an uncertain future after the firm entered administration.

More than 2,000 jobs are at risk across the UK and Ireland after the fashion accessories chain called in advisory firm Interpath.

They are looking for a potential rescue deal for the firm, which has more than 300 stores – including in the Loreburn centre in Dumfries.

Interpath's Will Wright and Chris Pole have been appointed joint administrators, with the move coming after parent company Claire's Holdings LLC began voluntary Chapter 11 proceedings in the United states.
Mr Wright said: 'Claire's has long been a popular brand across the UK, known not only for its trend-led accessories but also as the go-to destination for ear piercing.
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'Over the coming weeks, we will endeavour to continue to operate all stores as a going concern for as long as we can, while we assess options for the company.
'This includes exploring the possibility of a sale which would secure a future for this well-loved brand.'
Chris Cramer, chief executive of Claire's, said: 'This decision, while difficult, is part of our broader effort to protect the long-term value of Claire's across all markets.
'In the UK, taking this step will allow us to continue to trade the business while we explore the best possible path forward. We are deeply grateful to our employees, partners and our customers during this challenging period.'
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