More than 350 Forever 21 stores are expected to be closed by the start of May, following the fast fashion company's Chapter 11 bankruptcy filing in March.. All of Forever 21's 354 leased stores in ...

The former operator of Forever 21’s US stores won court approval on a plan to partially repay vendors and other creditors that stand to incur big losses in the retailer’s bankruptcy.

Forever 21 filed for bankruptcy — again. Sunday's filing marked the brand's second bankruptcy, as it previously filed in 2019. The company, which is expected to shut down all of its US stores ...

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 has been unable to keep up with Chinese e-commerce giants such as Shein and Temu, especially as online shopping boomed during the pandemic. The company is also sensitive to President ...

In a $120 million deal, Related Companies and Newland Capital Group have bought the former Los Angeles headquarters of ...

Forever 21 sells Fast-fashion retailer Forever 21 operates stores under the Forever 21, XXI Forever, For Love 21, Heritage 1981, and Reference banners. Newsletters Games Share a News Tip ...

Forever 21 is owned by the family of Do Won and Jin Sook Chang, a husband-and-wife team who founded the company in 1984 as Fashion 21 in Los Angeles after immigrating to the U.S. from South Korea ...

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 ...

Company enters bankruptcy with $1.58 bln in debt US stores, website to remain open Plans liquidation sales at roughly 350 US stores Forever 21 had earlier filed for bankruptcy in 2019 March 17 ...

AILSA CHANG, HOST: Forever 21 has filed for bankruptcy again. And this time, it could actually be forever as the company prepares to close all stores and wind down operations.

Forever 21 isn’t even cool enough to exist anymore. The retailer’s US operating company filed for bankruptcy Sunday — for the second time in six years — in a court in Delaware, citing ...