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Bankrupt jewellery retailer Claire’s to sell its North American business

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Bankrupt jewellery retailer Claire’s to sell its North American business


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Reuters

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August 21, 2025

​Jewellery retailer Claire’s said on Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash, in a deal that will keep at least 795 retail locations in business.

Claire’s is known for its youthful accessories and jewellery – Claire’s

The sale agreement will “allow the Claire’s brand to remain a prominent retailer for teens, tweens, and young girls around the world,” Claire’s said in a court document filed on Wednesday.
 
Ames Watson, a private holding company that owns athletic apparel brands including Champion Teamwear and Lids, is acquiring Claire’s brand and up to 950 Claire’s stores, according to court documents. Claire’s has halted “going out of business sales” at all stores that could be sold, but it will continue liquidation sales at other locations.

Claire’s, which sells earrings and fashion accessories for teens and young girls, filed for earlier this month with more than $690 million in debt. The company, which previously filed for, operates more than 2,300 stores across 17 countries in North America and Europe.
 
Ames Watson co-founder Lawrence Berger said in a statement that the firm was “committed to investing in its (Claire’s) future by preserving a significant retail footprint across North America.”
 
Ames Watson will also provide noncash considerations as part of the sale, such as taking on liabilities owed to Claire’s vendors and landlords, continuing to employ current retail staff at acquired Claire’s stores, and extending $36 million in credit that the bankrupt company can use to address some of its pre-existing debt.
 
Claire’s will seek approval of the sale on Thursday at a court hearing in Wilmington, Delaware. Claire’s has suffered in recent years from increased competition, high rent costs, and new tariffs on imports from supplier nations such as China, Thailand and Vietnam.
 
 

© Thomson Reuters 2025 All rights reserved.



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Fashion

Mielle becomes NFL’s first textured haircare partner

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Mielle becomes NFL’s first textured haircare partner


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December 1, 2025

Textured haircare brand Mielle has launched a new partnership with the National Football League, marking the League’s first collaboration with a textured haircare company. 

Mielle becomes the NFL’s first textured haircare partner. – Mielle

The campaign aims to support the millions of NFL fans with textured hair—women now make up about half of the NFL’s fanbase—while addressing the unique hair challenges faced by athletes wearing helmets, including dryness, breakage and frizz.

The partnership expands Mielle’s growing footprint in professional sports and is designed to boost representation, access to high-quality care, and product innovation for textured-hair athletes and fans.

“The NFL is excited to have Mielle, a brand that is committed to performance, community, and empowering fans and athletes, lean into the NFL partnership” said Tracie Rodburg, SVP global partnerships, NFL.

“This partnership aligns with the league’s mission to build lasting connections within our communities nationwide and celebrate the self-expression of our players and fans.”

The P&G brand says the collaboration gives Mielle a major platform to showcase the performance of its dermatologist-reviewed, Skin Health Alliance–accredited formulas under real athletic conditions.

“We’re honored to be the first textured hair care partner of the NFL through our partnership with P&G,” said Monique Rodriguez, founder and CEO, Mielle. “For so many of us, football represents family and community. It’s attending cookouts, tailgates, reconnecting with family and friends, and showing up in your favorite team colors. And for millions of fans, that includes twisting, braiding, and caring for your textured hair before kickoff.”

The announcement is accompanied by a social-first campaign, including the viral “Passing the Phone” video moment featuring talents across the league from including players, executives and agents, to players’ families and on-air talent.

Copyright © 2025 FashionNetwork.com All rights reserved.



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India’s logistics push puts fashion in the fast lane

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India’s logistics push puts fashion in the fast lane



The government’s three-year scorecard backs this up. Since its launch in September ****, ULIP has integrated more than thirty logistics and customs systems and clocked over *.* billion (***+ crore) API transactions as of around August ****, effectively treating data flows like rails. LDB, operational since July ****, has cumulatively tracked over ** million EXIM containers across *** inland container depots (ICDs) by around August ****, turning container visibility from a premium add-on into the default. A Transportation Emissions Measurement Tool (TEMT), developed by IIM Bangalore and partners and endorsed by DPIIT, now gives exporters an ISO-*****-aligned way to report logistics emissions, so freight can sit alongside product footprints in sustainability dossiers.

From Map to Mill Gate: What Gati Shakti Has Actually Changed



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Modella eyeing another acquisition, this time it’s the Wynsors footwear chain

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Modella eyeing another acquisition, this time it’s the Wynsors footwear chain


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December 1, 2025

Modella Capital is fast becoming one of the most acquisitive businesses on the UK high street and the latest retailer in its sights is footwear chain Wynsors World of Shoes.

Wynsors

That’s according to Sky News, which said the investment firm is targeting a takeover of the privately owned footwear retailer and is currently in “advanced talks”.

Wynsors trades from around 50 standalone shops across the north of England and Modella is now “the likeliest buyer” of the business, with expectations of a deal before the end of the year.

Modella was recently in the news as the buyer of Claire’s UK business. It also recently bought the non-travel locations of WH Smith (now renamed TG Jones) and owns Hobbycraft and The Original Factory Shop too. It had earlier hoped to add Poundland to its portfolio but missed out on that one.

Wynsors has been looking to sell for around two months and accountancy firm RSM had been hired explore interest from prospective bidders, Sky News said.

The chain trades from around 50 standalone stores and 40 concessions. It sells brands including Adidas, Skechers, Hush Puppies, Clarks, Nike, kickers and more. And although its sells footwear for women, men and children, it focuses particularly on school shoes.

Copyright © 2025 FashionNetwork.com All rights reserved.



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