Claire's Stores Files For Bankruptcy

Discussion in 'General Distance Learning Discussions' started by Tireman 44444, Mar 19, 2018.

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  1. Tireman 44444

    Tireman 44444 Well-Known Member

    Now, this is an educational channel, I understand, but look who owns Claire's. I am not inferring anything, just reporting...

    But Claire's is still facing challenges. Claire's revenue fell from $1.5 billion in its 2014 fiscal year to $1.3 billion in 2017. Investment firm Apollo Global Management, which orchestrated the original buyout plan, owns 97% of Claire's, according to a court filing. In 2016, Claire's tried a debt reduction plan and a leadership shakeup that involved a new CEO, new chief financial officer, new chief merchandising officer and new executive vice president.

    https://www.usatoday.com/story/money/2018/03/19/claires-stores-jewelry-chapter-11-bankruptcy/437259002/


    The University of Phoenix (UOPX) is a private for-profit college, headquartered in Phoenix, Arizona, United States. The university has an open-enrollment admission policy, requiring a high-school diploma, GED, or its equivalent as its criteria for admissions.[4] Founded in 1976, the university confers degrees in over 100 degree programs at the associate, bachelor's, master's, and doctoral degree levels.[5] In 2017, it was acquired by Apollo Global Management, an American private equity firm.

    Humm....
     
  2. Michigan68

    Michigan68 Active Member

    Apollo also own's cruise lines and Chuck E. Cheese's Restaurants.

    I think Northcentral University parent company owns a major mortgage company and the Cleveland Cavilers, and half of the buildings here in Detroit.
     
  3. Tireman 44444

    Tireman 44444 Well-Known Member

    As I stated, I was not inferring anything by my news, just a humm. That is all.
     
  4. Kizmet

    Kizmet Moderator

    Maybe I should know this? but what is sold in Claire's Stores?
     
  5. airtorn

    airtorn Moderator

    Jewelry
     

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