Fashion retailer Forever 21 said Monday it commenced voluntary bankruptcy proceedings in the US, beginning plans for an ...
Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, with all locations already beginning going-out-of-business sales.
Fashion retailer Forever 21 may have to turn to Chapter 11 administration if it fails to find a buyer for profitable leases, according to latest reports from the Wall Street Journal. If it fails to ...
Forever 21 in the U.S. fell victim to a familiar trap in retailing — too many stores, too much square footage. So did Gap Inc.; Macy’s; Abercrombie & Fitch; Limited Inc.; Sears, Roebuck; Payless Shoes ...
Fast-fashion retailer Forever 21, whose U.S. operator filed for bankruptcy, was expected to have closed most locations by this week. Is Forever 21 going out of business? Stores closing, locations in ...
Forever 21 is planning to close nearly 200 stores. According to Bloomberg, this comes as the Los Angeles based retailer is heading into its second bankruptcy. The process is expected to kick off as ...
Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, ...
Forever 21 is back on the auction block. Once a formidable fast-fashion mall staple, Forever 21's parent company filed for bankruptcy protection late Sunday. It plans to "wind down" its U.S.
The fast fashion company is said to be is said to be "shifting toward a digital-first model," a source tells PEOPLE Sabienna Bowman is a Digital News Editor at PEOPLE, where she has been working since ...
Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, ...
Forbes contributors publish independent expert analyses and insights. I do mergers & acquisitions in retail/consumer and write about trends. Forever 21’s bankruptcy story is a stark lesson in the ...