These Companies Might Die Out Before The End Of The Year

Published on 09/08/2019
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Claire’s

If you lived in the U.S. as a young girl, we bet that you have vivid memories of this jewelry and accessory retailer. Back then, you went to Claire’s if you wanted to get your ears pierced! Launched in 1961, this might no longer be the cause. The company has ceased its IPO already. In March 2018, the company filed for Chapter 11 bankruptcy protection and hoped to bring down its debt by $1.9 billion. It shuttered 130 stores by May 2018. Right now, it remains hopeful that buyers and investors will acquire it.

Claire's

Claire’s

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FullBeauty Brands Holdings Corp

FullBeauty owns a number of plus-size brands such as Jessica London, Woman Within, Brylane Home, ellos, Roaman’s, fullbeauty.com, and KingSize. It also fell from grace thanks to Amazon! Apax Partners, the owner of the company, cited the e-commerce giant in the message it send its lenders in 2017. The company said that its revenue suffered a decline of 30 percent during Q1 of 2017. FullBeauty mixed up its executive lineup in July 2018 with the introduction of CFO Bob Riesbeck, CCO Liz White, and CPO Robert Lepere. Let us see if they can do anything to improve the situation.

FullBeauty

FullBeauty

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