Claire's

This article is about the retailer. For other uses, see Claire (disambiguation).

Claire's Stores, Inc.
Formerly
  • Fashion Tress Industries (1961–1973)
  • Claire's Accessories (1973–1997)
IndustryRetail
Founded1961 (1961) (as Fashion Tress Industries)
FounderRowland Schaefer
Headquarters
Hoffman Estates, Illinois, U.S.
Number of locations
3,469 stores
Area served
Worldwide
Key people
Ryan Vero (CEO)
ProductsAccessories, jewelry, and cosmetics
RevenueDecrease −US$1.403 billion (2015)[1][dead link]
Decrease −US$14.6 million (2015)[1]
Decrease −US$236.4 million (2015)[1]
OwnerElliott Management Corporation and Monarch Alternative Capital
Number of employees
18,100 (2015)[1]
Websitewww.claires.com

Claire's (formerly known as Claire's Boutiques, Claire's Boutique and Claire's Accessories) is an American retailer of accessories, jewelry, and toys primarily aimed toward tween and teen girls. It was founded in 1961 and is based in Hoffman Estates, Illinois, a suburb of Chicago.[2] The company is primarily owned by Elliott Management and Monarch Alternative Capital,[3] but, in 2022, announced plans to go public with an initial public offering.[4]

As of October 2012, Claire's had 3,469 stores in 37 countries.[5] Claire's claims it has done more ear piercings than any other retailer, totaling at over 100 million in 25+ years.[6]

  1. ^ a b c d "Financial Year End 2015". clairestores.com. Claire's Accessories.[dead link]
  2. ^ "Claire's Stores, Inc. 10-K filing for fiscal year ending Jan 2014". services.corporate-ir.net. Archived from the original on September 18, 2018. Retrieved March 20, 2018.
  3. ^ "Company Overview | Claire's Stores". www.clairestores.com. Archived from the original on August 8, 2020. Retrieved February 15, 2021.
  4. ^ Khrais, Reema; Amin, Anais (August 5, 2022). "How teen mall hot spot Claire's went from bankruptcy to IPO filing". Marketplace. American Public Media. Retrieved August 6, 2022.
  5. ^ "Claire's Stores, Inc. Announces First Store Openings In Venezuela & Panama, Expanding Its Global Reach To 36 Countries". PRNewswire (Press release). Retrieved June 27, 2015.
  6. ^ "Get your ears pierced at Claire's". Claire's Stores, Inc. Retrieved August 20, 2009. [dead link]