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Evening Standard
Evening Standard
Beatrice Learmouth

Claire’s too slow to compete with Temu and TikTok Shop, experts say

Claire Temu TikTok Shop TikTok
Competition from online retailers are squeezing high street brands, retail experts have said (Jonathan Brady/PA) - (PA Wire)

Competition from online retailers are squeezing high street brands, retail experts have said, after it was announced that Claire’s and The Original Factory Shop (TOFS) were being put into administration.

Claire’s could not “evolve fast enough” to compete with “nimble online platforms” such as Temu and TikTok Shop, according to Nicholas Found, head of commercial content at Retail Economics.

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