Claire's, a well-known high street retailer in the UK and Ireland, has officially closed all 154 of its stores after entering administration, resulting in the redundancy of approximately 1,300 employees. The decision follows a disappointing Christmas trading period that led to the brand's second administration in less than a year. Modella Capital, which purchased Claire's from administration in September 2022, stated that the company faced significant challenges, including weak consumer confidence and increasing costs. While the standalone stores have ceased trading as of April 27, the brand's 356 concessions, primarily located in Asda stores, will continue to operate. Administrators from Kroll are exploring discussions with landlords to potentially lease some of the store sites. The high street retail environment remains tough, with many businesses struggling to maintain profitability.