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Forever 21, once a dominant force in the fast-fashion industry, has filed for Chapter 11 bankruptcy once again. The company’s struggle to keep up with shifting retail trends and declining mall ...
Fashion retailer Forever 21 filed for Chapter 11 bankruptcy protection, hobbled by expensive leases and declining mall traffic.
Fashion retailer Forever 21 may have to turn to Chapter 11 administration again if it fails to find a buyer for profitable leases, according to the latest reports.
Fast-fashion staple Forever 21 files for bankruptcy again F21 OpCo, operator of the low-cost clothing brand, says stores will remain open while it begins winding down operations.
The crafts and hobby products company plans to sell certain business units as going concerns and liquidate others.
Once a formidable fast-fashion mall staple, Forever 21 has filed for bankruptcy. The retailer has been a shell of its former self since it first filed for bankruptcy in 2019.
Forever 21 filed for Chapter 11 bankruptcy, citing inflationary pressures and increased competition as contributing factors. The company plans to close all of its US stores, including all 23 ...
The other shoe dropped for Forever 21 on Sunday night when the teen retailer filed for bankruptcy for the second time and began the process of winding down its U.S. operations. The Chapter 11 ...
Forever 21 is filing for Chapter 11 bankruptcy and is closing down all of its U.S. stores, including 15 locations in New Jersey ...
F21 OpCo, the operator of Forever 21, announced the voluntary Chapter 11 filing in the U.S. Bankruptcy Court for the District of Delaware on Sunday.
Forever 21 had previously filed for Chapter 11 bankruptcy protection in 2019 and was brought out of it by Sparc Group, a joint venture between multi-brand owner Authentic Brands Group and mall ...
The fast-fashion retailer filed for bankruptcy this week. Forever 21 has declared bankruptcy for a second time and expects to close over 350 stores in the United States and Puerto Rico by May 1 ...