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A committee of unsecured creditors to Forever 21 Inc.’s US operator said they are “aggressively investigating” all deals made ...
A space that previously housed Forever 21 will soon be occupied by another retailer selling dresses, T-shirts and other ...
The Forever 21 in the Mall at Johnson City closed on Sunday, leaving a large space vacant on the mall’s top floor. The ...
Forever 21 has been a fast fashion staple for more than 40 years, offering trendy clothes at low prices. At its peak, the brand earned more than $4 billion in annual sales. But, as L.A. Times ...
“Everything on sale” signs filled the windows on the fast-fashion mall store days after the March 16 filing, and notices online and in the store said gift cards and store credit will be honored ...
A ‘Forever 21’ store in the SM Aura Premier mall in Bonifacio Global City, Metro Manila, Philippines. Credit: Hans Olav Lien – CC BY-SA 3.0 via Wikimedia Commons. American fast-fashion giant Forever ...
This is the second time in six years that Forever 21 has filed for bankruptcy. In court, the U.S. operator cited competition in the fast fashion realm as part of the reason for its downfall ...
The fast-fashion retailer filed for bankruptcy this week. Forever 21 has declared bankruptcy for a second time and expects to close over 350 stores in the United States and Puerto Rico by May 1 ...
It blamed the situation on higher costs and companies taking advantage of duty-free treatment of low-cost packages from China to undermine its pricing power By Nicholas P. Brown and Juveria ...
Sadly, though, that does seem to be the case, with the fast fashion chain ... with said jean-leggings, as well as ‘flirty and flattering’ longline prairie tops from Forever 21.
The closing of Forever 21 stores is perhaps a symptom of an already-changed fast-fashion economy. Over the last decade, the most successful competitors cut out the brick-and-mortar element and ...
Authentic Brands, Forever 21's brand and intellectual property owner, and mall owners, Simon Property Group and Brookfield Corporation, saved the fast fashion retailer from that bankruptcy.