These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Claire’s

If you spent your girlhood in the United States, we bet you have spent some time at Claire’s. This store was the place people went for piercings, accessories, and jewelry. It is sad to think that it might not be around for long since it has ceased IPO. CheatSheet said that bankruptcy was inevitable, and it was right. The company applied for Chapter 11 in March 2018 and closed 130 stores only two months later.

Claire's

Claire’s

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FullBeauty Brands Holdings Corp

FullBeauty is the owner of several plus-size brands, but even it could not compete with e-commerce giant Amazon. Apax Partners, its parent company, gave that same reason when they delivered a message to its lenders. It also said that the revenue went down by 30 percent during 2017’s Q1. FullBeauty has recently changed its exec lineup, so we will soon find out if they can fix the problem.

FullBeauty

FullBeauty

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