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Claire’s expands global footprint with stores in Philippines, Costa Rica and Colombia
Chicago -- Claire's Stores announced its recent entry into three new countries — Philippines, Costa Rica and Colombia — as well as new license agreements for Brazil, Scandinavia and the Balkans.
Jim Fielding, CEO, stated: "We continue to identify expansion opportunities worldwide. Our franchise partners have opened stores in three new countries in 2013 and we expect to enter an additional three countries during the rest of the year. We are pleased with our progress to date and encouraged by the opportunities."
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Retail IPO Activity to Slow, but 2013 to Remain a Strong Year Overall
By Ted Vaughan, [email protected]
The year 2012 was the best year for retail IPOs since 2002 — S&P Capital IQ reported seven offerings for the year — and when we released our 2013 IPO Outlook Study earlier this year, 30% of capital markets executives expected initial public offerings (IPOs) in the retail and consumer products space to continue to grow in 2013. Now that we’re well into the second half of the year, how have those expectations fared?