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Evening Standard

Business

Jonathan Prynn

Loss making Claire's Accessories calls in advisers as huge debt payment looms

Claire United Kingdom Claire Accessories Interpath Oxford Street

Claire’s Accessories faces intense online competition - (David McNew/Getty Images)

Struggling jewellery ear piercing chain Claire's Accessories has called in specialist advisers to cobble together a last ditch rescue plan.

The high street retailer, which has almost 300 UK stores, faces a looming deadline for an outstanding $480million (£355million) loan that has to be repaid by December next year.

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