Claire’s $140M Private Equity Takeover Pauses Store Liquidations

Claire's is a global retailer of jewelry, accessories, and toys, primarily for young girls, tweens, and teens.

Mall-based accessories store Claire’s and its intellectual property have been acquired by private equity firm Ames Watson for $104 million in cash plus a $36 million seller note. The retailer has paused closing stores.

Retail Dive: Claire’s strikes $140M private equity takeover deal, pauses store liquidations

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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