Published by Global Banking & Finance Review®
Posted on August 13, 2025
2 min readLast updated: January 22, 2026
Claire's UK business enters administration, risking 2,150 jobs. Stores remain open while administrators explore future options, including a sale.
LONDON (Reuters) -More than 2,150 jobs are at risk after the UK business of struggling jewellery chain Claire's called in administrators.
Insolvency practitioners Interpath said on Wednesday they had been appointed joint administrators to Claire’s Accessories UK Ltd, the operator of Claire's 306 stores across the UK and Ireland.
The move comes a week after its parent filed for bankruptcy protection in the United States.
Headquartered in Birmingham, central England, Claire's is known for its trend-led accessories and as a destination for ear piercing.
The administrators said they intend to continue to trade the business while they assess its options, including exploring the possibility of a sale as a going concern.
As such, all UK and Ireland stores will remain open. However, customers will no longer be able to place orders online.
“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," Will Wright, Interpath's UK CEO, said.
"This includes exploring the possibility of a sale which would secure a future for this well-loved brand."
(Reporting by James Davey; Editing by Kirsten Donovan, Alexandra Hudson)
Administration is a legal process where a company is placed under the control of appointed administrators to manage its affairs, typically due to insolvency.
Insolvency is the state of being unable to pay debts owed, which may lead to bankruptcy or administration proceedings.
Bankruptcy protection is a legal status that allows a company to reorganize its debts while being shielded from creditors during the process.
A going concern is a business that is expected to continue its operations for the foreseeable future without the threat of liquidation.
A joint administrator is a professional appointed to manage the affairs of a company in administration, often working alongside other administrators.
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