Forever 21 was once one of the fastest-growing fashion retailers in the world, laying the groundwork for brands like Temu and ...
The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...
Forever 21’s bankruptcy and store closures mark the end of the first fast fashion era. What comes next will be defined by ...
The company said it struggled against other fast fashion retailers like Shein and Temu as it implements an “orderly wind-down” of its U.S. business.
“Forever 21 has not helped itself through these challenges: merchandising and the assortment have been lackluster, and the brand has lacked any clear point of view for a long time,” said Neil ...
Authentic Brands Group owns the international intellectual property associated with the Forever 21 brand and may license the brand to other operators, F21OpCo said. Jarrod Weber, Global President ...
This is the second time Forever 21's operators has filed for bankruptcy, with the first occurring in 2019. Authentic Brands, Forever 21's brand and intellectual property owner, and mall owners ...
The Chapter 11 filing is for F21 OpCo LLC, operator of the company’s U.S. stores and licensee of the Forever 21 brand. The retailer’s intellectual property and international operations are not ...
Forever 21 stores outside the U.S. are operated by other licensees and “will continue operating in the ordinary course,” the company confirmed to PEOPLE. “Authentic Brands Group continues ...
Authentic Brands Group owns the international intellectual property associated with the Forever 21 brand and may license the brand to other operators, F21OpCo said. Jarrod Weber, Global President ...