Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions ...

The brand management firm quietly took full ownership of the retailer's trademarks and intellectual property licenses some ...

William Susman, managing director of Cascadia Capital, said the case of Forever 21 “once again reinforces the importance of a brand speaking to its customers by offering quality design and ...

Despite the likelihood of store locations closing, the owner of Forever 21's brand name, Authentic Brands, has said it plans to continue evolving the brand's business, USA Today reported.

The retailer’s U.S. operating company filed for bankruptcy Sunday — for the second time in six years — in a court in Delaware, citing fierce competition from foreign fast fashion retailers.

the fast fashion retailer's brand and intellectual property owner, spoke during a conference last year and said Forever 21's partnership with Shein, which came to be in 2023, only yielded modest ...

Forever 21 previously filed for bankruptcy protection in 2019 and was brought out of it by Sparc Group, a joint venture between label owner Authentic Brands Group and mall operators Simon Property ...

The brand's model prioritizes new trends on a weekly basis direct to customers with fewer SKUs (stock-keeping units) per item. But while closing Forever 21 may look like a victory for those ...

Forever 21 is now navigating its second bankruptcy in five years. The brand was known for limited-run collections that turned the typical apparel cycle on its head. It also laid the groundwork for ...

Forever 21 has been a fast fashion heavyweight for decades. From leading trends across the world to its second brush with bankruptcy, the iconic brand has seemingly been undone by the staggering ...

Although Forever 21's operating company is moving toward full liquidation in the U.S., the brand itself is not expected to disappear. Its international stores and website will likely continue ...

Read the original article here: Forever 21 Files for Bankruptcy F21 OpCo, the U.S.-based operator of Forever 21, has filed for bankruptcy, marking the clothing brand’s second financial collapse.