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 fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, such as Shein and Temu.
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.
Forever 21 has filed for bankruptcy protection for the second time as it struggles with declining mall traffic and fierce competition from online fast fashion giants like Shein, Temu, and […] The post ...
Once a formidable fast-fashion mall staple, Forever 21 has filed for bankruptcy. The retailer has been a shell of its former ...
A national retail chain's last two KC-area stores will shut down as part of the company's bankruptcy proceedings.
Clothing giant Forever 21 is preparing to close all stores in the U.S. after filing for bankruptcy for the second time.