The fashion company, which operates some 540 stores globally, will wind down its U.S. operations after filing for Chapter 11 bankruptcy for a second time.

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, ...

Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...

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 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...

Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way ...

A clothing chain that was once a fixture in every mall across America has filed for its second bankruptcy in five years.

Forever 21 joins a long list of companies closing stores in the US. Last year, major US retailers announced more than 7,300 ...

Forever 21’s US-operated company filed for Chapter 11 bankruptcy on March 16 for the second time in the last six years as mall traffic continues to dwindle and online shopping skyrockets. The fast ...