Forever 21 says 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 ...
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...
Shein and Temu's sales slowed in the weeks after President Donald Trump announced tariffs and said he'd close the de minimis ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
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.
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 ...
Ultra-low-cost or luxury? The strategic choice fashion brands & clothing companies must make in order to survive the rise of ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
Forever 21's U.S. operating company announced on Sunday that it has filed for Chapter 11 bankruptcy, marking the retailer's ...
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 some or all of its assets.
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