Thomas Lange, director of the fashion association GermanFashion, commented that the current situation is worrying for the ...
Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.
Once a formidable fast-fashion mall staple, Forever 21 has filed for bankruptcy. The retailer has been a shell of its former ...
The floundering clothing company filed for bankruptcy protection for the second time in six years after losing $400 million ...
Forever 21 will close all of its U.S. stores after filing for bankruptcy protection for the second time, as the fast-fashion ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
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 ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Forever 21 Inc. ’s U.S. retail operator has filed for bankruptcy after being hit by rising inflation and intense competition ...
Forever 21 joins a long list of companies closing stores in the U.S. Last year, major U.S. retailers announced more than 7,300 store closures, up 57% from 2023, according to Coresight Research. These ...
Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from ...
Forever 21 moved closer to shuttering its stores forever. The struggling mall mainstay — which sells $7 t-shirts, $12 dresses ...