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Chinese and Asian suppliers in limbo over fashion chain Claire's bankruptcy
Yahoo Finance· 2026-01-01 09:30
Despite the festive atmosphere of the holiday season, suppliers and creditors of US fashion accessories chain Claire's - including about 70 from Hong Kong, mainland China and across Asia - face financial anxieties as they grapple with the uncertain prospects of recovering debts following the retailer's recent bankruptcy filing. Some have already taken legal action, though the outcome of their claims remains unclear. The financial anxieties stem from the company's decision in August to file for bankruptc ...