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Claire’s, known for piercing millions of teens’ ears, files for Chapter 11, 2nd time since 2018

Claires_Bankruptcy_55198NEW YORK (AP) — Mall-based teen accessories retailer Claire’s, known for helping to usher in millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing consumer tastes, has filed for Chapter 11 bankruptcy protection.