Claire’s collapses into administration again with 150 stores at risk of closure

The shop, known for its colourful bracelets and necklaces, could soon be gone for good (Picture: Getty Images Europe)

Claire’s, the accessories chain where many a 16-year-old has got their ear pierced, has collapsed into administration for a second time.

Around 150 stores that employ 1,000 people are now at risk, only four months after the struggling company was rescued.

Administrators Kroll confirmed this evening that the firm has been appointed to handle the insolvency of the brand’s UK and Irish operations.