Your email has been successfully added to our mailing list.

×
0 0 0 0 -2.48447204968365E-05 0.00124223602484469 -0.00248447204968939 -0.00248447204968939
Stock impact report

Claire's new owner Ames Watson feuds with Asia-based suppliers over millions in unpaid debt [CNBC]

Rimini Street, Inc. (RMNI) 
Company Research Source: CNBC
under new owners Ames Watson, according to legal claims the suppliers filed in Hong Kong. Claire's disputes with its suppliers in Asia surround orders placed in the months before the retailer's second bankruptcy filing in August, when it was still owned by hedge fund Elliott Management. Former Claire's CEO Ron Marshall said the disputes with suppliers could throw a wrench into the holiday season and “disrupt the supply chain” both now and moving forward. New owner Ames Watson said it was “not involved in the operation or purchasing decisions made prior to the acquisition” and it has been working to engage suppliers “in good faith.” It added “Claire's has inventory in place for the holiday season.” Chris Ratcliffe | Bloomberg | Getty Images Tween retailer Claire's is facing legal challenges from some of its Asia-based suppliers over millions in unpaid debts as it tries to emerge from a second bankruptcy under new ownership, according to claims the suppliers filed in Hong Kong Show less Read more
Impact Snapshot
Event Time:
RMNI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
RMNI alerts

from News Quantified
Opt-in for
RMNI alerts

from News Quantified