Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Claire’s France, a French retailer specializing in fashion jewelry and accessories, will retain 450 employees following the approval of two partial takeover offers by the Paris commercial court.
June, another jewellery group partially acquired the company, preserving 420 out of the 830 jobs at Claire’s France. Another buyer, La Casa de las Carcasas, a Spanish phone-case brand, will take over three other shops, saving 30 jobs. As a result, the remaining 380 Claire’s employees (including 31 managers) have not been offered new positions. A redundancy plan has been launched for the remaining workers, and most of them will be made redundant.
According to staff representatives, the bankruptcy of Claire’s France is due to poor management by its American headquarters. Additional closures have occurred in Spain, and the U.S. parent company declared bankruptcy in August before being acquired by an investment fund.
Eurofound (2025), Claire's France, Bankruptcy in France, factsheet number 203768, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203768.
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