Claire's closes all standalone stores in UK and Ireland, 1,300 jobs lost
Claire's has closed all 154 of its standalone stores across the UK and Ireland as of 27 April 2026.The fashion accessories chain's administrators confirmed the shutdown amid ongoing financial difficulties.Around 1,300 employees have been notified of redundancy following the closures.The closures do not affect Claire's 350 concessions, including those in major supermarkets, which will remain open.The company entered administration twice within a year, with private equity owner Modella Capital appointing administrators Kroll earlier this year.Kroll stated that discussions are underway with landlords about potentially taking new leases for some of the former store sites.The closures come after a period of... [Continue Reading]
360LiveNews | 27 Apr 2026 17:03 LONDON
Iran Faces Massive Job Losses Amid War with US and Israel
Iran is experiencing a significant wave of job losses linked to its ongoing conflict with the US and Israel.Deputy Work and Social Security Minister Gholamhossein Mohammadi reported that two million people have lost their jobs as a direct or indirect consequence of the war.The redundancies affect a broad range of sectors including manufacturing, retail, import and export businesses, tourism, and the digital industry.Factories have been hit by air strikes, and consumer spending has declined sharply, impacting restaurants and non-grocery retailers.The Iranian government has also imposed an internet blackout since the conflict began, citing security concerns such as preventing surveillance, espionage,... [Continue Reading]
360LiveNews | 21 Apr 2026 20:35 LONDON
