The floundering clothing company filed for bankruptcy protection for the second time in six years after losing $400 million ...

Forever 21 stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.

The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, such as Shein and Temu.

Clothing giant Forever 21 is preparing to close all stores in the U.S. after filing for bankruptcy for the second time.

Forever 21’s locations outside of the United States are operated by other licensees and aren’t included in the filings.

The apparel company said it has struggled to compete with other fast-fashion retailers amid rising costs and changing ...

Forever 21, which was founded in Southern California, said it was challenged by competition from fast fashion companies and ...