BusinessCompany NewsAccounting issue sees retailer delay results

Accounting issue sees retailer delay results

Claire's Stores forced to delay results

Costume jewellery and accessories retailer
Claire’s Stores has been
forced to delay its 2007 fourth-quarter results.

According to Reuters, this is to ‘pre-clear an accounting issue relating to
lease rights for stores in France’.

The retailer said it expects to meet or exceed its prior fourth quarter and
fiscal 2007 guidance.

Further reading:

Grant Thornton: Retailing figures not ‘doom and gloom’

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