Claire’s UK and Ireland arm has shut all 154 standalone stores, with about 1,300 redundancies, while concessions and the head office remain unaffected for now.

Kroll says interested parties are negotiating with landlords to secure new leases for some sites under consideration.

This marks Claire’s second administration in months, after Modella Capital had initially rescued the brand in September of the previous year.

Industry voices note broader retail sector distress, with restructuring and insolvency specialists expecting more retailer trouble in coming months.

Claire’s first collapsed into administration in January following a partial rescue by Modella, amid declining sales and online competition.

The collapse unfolds amid high-street pressures and parallels the restructuring of related WH Smith assets as the sector contends with difficult conditions.

Analysts highlight nimble online platforms like Temu and TikTok Shop eroding high-street impulse-buy segments, contributing to Claire’s decline.

Modella cites tough retail conditions, government policy impacts and cost inflation as contributing factors to insolvency proceedings for Claire’s UK and Ireland operations.

Industry chatter suggests consumer preference shifting away from Claire’s novelty jewellery toward more mainstream, minimal styles, reducing demand for its core products.

Modella has been active in the British retail scene, acquiring WH Smith’s high-street chain and Hobbycraft in recent years.

Claire’s UK division faces intensified troubles after its US and Canada operations filed for bankruptcy again, signaling a blow to the global footprint.

Experts point to changing consumer behavior, especially among teens, toward online shopping and social media influence as a factor in Claire’s difficulties.