Business|Background

From bounce-back to bankruptcy: Inside Claire’s renewed financial struggles

After weeks of speculation, Claire’s has finally filed for bankruptcy protection in the US. For the teen accessories retailer, this marks the second descent into bankruptcy in seven years, with this latest filing heightening fears over what is to come for its international network of stores. How did Claire’s come to such a predicament? Let’s...

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Retail

Jacob Cohën to enhance logistics and expand internationally

Jacob Cohën Company, the owner of the premium Made in Italy brand Jacob Cohën, has announced its new industrial plan for 2025–2029. The strategy focuses on enhancing logistics at its Piove di Sacco hub in the province of Padua, consolidating its fully Made in Italy production network across the Veneto region, and accelerating expansion in...

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Adanola secures investment from Story3 Capital Partners

British women’s athleisure brand Adanola is looking to drive growth and expansion in the US after receiving a “significant” minority investment from Los Angeles-based private equity firm Story3 Capital Partners. Adanola, founded by Hyrum Cook in 2015, said the new strategic partnership marks an “important milestone” in its ongoing expansion...

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South Korean Naver acquires Wallapop

Madrid – Naver, a South Korean technology company often referred to as the "Google" of its home country, has acquired Wallapop, the popular Spanish second-hand platform. Founded in Barcelona in 2013, Wallapop is credited with popularizing consumer-to-consumer (C2C) resale in Spain, including for fashion items and accessories. This acquisition is...

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