Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
Thomas Lange, director of the fashion association GermanFashion, commented that the current situation is worrying for the ...
Forever 21 was once one of the fastest-growing fashion retailers in the world, laying the groundwork for brands like Temu and ...
Forever 21 has been seeking a buyer for several months and has contacted more than 200 potential bidders, 30 of which signed confidentiality agreements, but no viable deal has come together ...
Like its chief fast-fashion rival Temu, Shein is facing multiple cases of trademark infringement by companies and artists.
The floundering clothing company filed for bankruptcy protection for the second time in six years after losing $400 million ...
Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way ...
Forever 21’s bankruptcy reveals how even the most successful retailers can lose their way when they stray from core ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...