Once a formidable fast-fashion mall staple, Forever 21 has filed for bankruptcy. The retailer has been a shell of its former ...
The corrosive effect of a duty loophole on American retailers was thrust back into the spotlight Monday with the announced liquidation of a major fashion chain. The big picture: Packages valued at ...
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.
With cost-saving initiatives failing to make up for significant losses, Forever 21 filed for Chapter 11 bankruptcy in ...
The chain's U.S. stores will hold liquidation sales and its website will continue to run while operations wind down. The ...
Forever 21 plans to shut down its U.S. business due to declining mall traffic and increased online competition.
According to bankruptcy paperwork filed Monday by F21 OpCo, which runs Forever 21 stores, the company will wind down business ...
Forever 21 has filed for bankruptcy for the second time, leading to the closure of all 350 U.S. stores, including its only ...
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...