Claire's Stores, Inc. · Pembroke Pines, FL United States
Company Description
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If the difference between men and boys is the price of their toys, for young women and girls, it may be the price of their accessories. For thrifty, fashion-conscious females ages 3 to 27, Claire's Stores is the queen of costume jewelry, handbags, and hair bows. The company operates about 3,000 boutiques, primarily in malls, under the Claire's and Icing banners. The chain is present in all 50 US states, Puerto Rico, the US Virgin Islands, and Canada, as well as about 10 European countries. Founded by Rowland Schaefer and later run by his daughters, Bonnie and Marla Schaefer, Claire's Stores was sold to an affiliate of the New York-based private equity firm Apollo Management for about $3 billion in 2007. To read the full description, subscribe now.
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Key Claire's Stores, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | January |
| 2008 Sales (mil.) | $1,510.8 |
| 2008 Employees | 18,700 |
Claire's Stores, Inc. Executives
22 executives listed for Claire's Stores, Inc.'s Pembroke Pines, FL location.
| Title | Name & Bio | Contact |
| Chairman | Peter Copses | Network |
| CEO and Director | Eugene Kahn | Network |
| President | James Conroy | Network |
Competition
Competitive Landscape for Claire's Stores, Inc.
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top Claire's Stores, Inc. Competitors
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