Julien Jarjoura has acquired the European operations of the jewellery and accessories retailer, allowing all 31 Portuguese outlets – located in cities including Lisbon and Porto – to continue trading, ECO reports.

Following the investment and negotiations with creditors, the Lisbon District Court this week ordered the closure of the company’s bankruptcy proceedings involving Whiteclaire’s Acessórios Portugal. As a result, employee salaries and store rents are now secured.

French investor Julien Jarjoura, who owns a retail-focused investment holding company based in Switzerland, took control of Claire’s European business as part of the rescue operation.

This situation remains more uncertain elsewhere, however. The insolvency proceedings relating to Claire’s Holdings LLC are still ongoing in the United States, the United Kingdom and Ireland.

Those proceedings, which were initiated in August 2025, continue to put dozens of stores and thousands of jobs at risk.