The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...
The floundering clothing company filed for bankruptcy protection for the second time in six years after losing $400 million ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
In court filings, Forever 21 further cited direct competitors Shein and Temu, who it said take advantage of de minimis ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
Forever 21 stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.
Forever 21 has filed for bankruptcy again and will shut down all U.S. stores, blaming Shein, Temu, and shifting consumer trends for its downfall.
The Los Angeles-based fast fashion retail chain Forever 21 filed for bankruptcy Sunday for the second time in six years after ...
Clothing giant Forever 21 is preparing to close all stores in the U.S. after filing for bankruptcy for the second time.
Forever 21, the American fast-fashion retailer which served as the backbone of teenage wardrobes for decades, has filed ...