Story perspectives

Claire's Emerges from Bankruptcy Amid Supplier Tensions

12/20/2025

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Summary

Story summary

Claire's is emerging from a second bankruptcy under new owner Ames Watson, facing creditor pressure from Asia-based suppliers over pre-bankruptcy debts.
Some vendors continued to work with Claire's despite unpaid debts, while others pursued legal action against its sourcing office, RSI International.
After the acquisition, RSI International transferred assets, limiting creditor claims under Hong Kong law.
Ames Watson says it will strengthen Claire's and engage suppliers in good faith.

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Story summary

Claire's is emerging from a second bankruptcy under new owner Ames Watson, facing creditor pressure from Asia-based suppliers over pre-bankruptcy debts.
Some vendors continued to work with Claire's despite unpaid debts, while others pursued legal action against its sourcing office, RSI International.
After the acquisition, RSI International transferred assets, limiting creditor claims under Hong Kong law.
Ames Watson says it will strengthen Claire's and engage suppliers in good faith.