Bankrupt 64-year-old retail chain faces millions in unpaid debt [Yahoo! Finance]
Rimini Street, Inc. (RMNI)
US:NASDAQ Investor Relations:
investors.riministreet.com/investor-relations
Company Research
Source: Yahoo! Finance
For one retail chain, the difficulty has been compounded by years of financial strain, two Chapter 11 bankruptcies, and hundreds of store closures nationwide. Once an iconic mall staple known for its affordable jewelry, colorful hair accessories, and quirky novelties, Claire's is again facing serious financial setbacks. A new revelation has raised doubts about the long-term survival of the 64-year-old brand, which once played a significant role in the lives of countless teens and tweens. As it works to emerge from its second bankruptcy under new ownership by the private equity firm Ames Watson, Claire's is confronting additional pressures from its supply chain . Several Asian suppliers allege they are owed millions of dollars in unpaid debts, according to claims filed in Hong Kong and reported by CNBC The disputed orders were for holiday merchandise placed before Claire's second bankruptcy filing, when Elliott Management still owned the company. Suppliers were reportedly aware
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RMNI
News
- Claire's new owner Ames Watson feuds with Asia-based suppliers over millions in unpaid debt [MSNBC.com]MSNBC.com
- Claire's new owner Ames Watson feuds with Asia-based suppliers over millions in unpaid debt [CNBC]CNBC
- New Survey of Nearly 4,300 C-suite Leaders Reveals Intensifying Demand for Faster Innovation, Higher ROI and Stronger Business ResilienceBusiness Wire
- Tidewater Expands Partnership with Rimini Street Following Successful Optimization of Regional ERP and Tax Software Solutions [Yahoo! Finance]Yahoo! Finance
- Tidewater Expands Partnership with Rimini Street Following Successful Optimization of Regional ERP and Tax Software SolutionsBusiness Wire
RMNI
Earnings
- 10/30/25 - Miss
RMNI
Sec Filings
- 12/22/25 - Form 4/A
- 12/22/25 - Form 4/A
- 12/22/25 - Form 4/A
- RMNI's page on the SEC website