Forever 21 files for Chapter 11 bankruptcy, will keep US stores open for now
F21 OpCo, LLC, the company and licensee of the brand in the U.S., filed a Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. Although stores will remain open for now, Forever 21, which is headquartered in Los Angeles, said it will hold liquidation sales at its U.S. stores.
The company will wind down the business in the U.S. while determining if it can continue with a partner, or if it will sell ...
The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, ...
Forever 21 filed for bankruptcy for the second time on March 16, citing "foreign fast fashion companies" as a source of ...
Forever 21's U.S. retail operator plans liquidation sales after filing Chapter 11 for the second time in six years.
The company said it struggled against other fast fashion retailers like Shein and Temu as it implements an “orderly wind-down ...
The U.S. company operating Forever 21 has filed for bankruptcy, marking the second time in six years for the retailer with ...
The retailer will close all U.S. stores, including eight in Houston, amid Chapter 11 bankruptcy.
Forever 21’s bankruptcy reveals how even the most successful retailers can lose their way when they stray from core ...
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