Forever 21 files for Chapter 11 bankruptcy, affecting its 15 Illinois stores and initiating liquidation, amid stiff online competition.

PARIS, France (AFP) — Tariffs imposed by the Trump Administration will not eject fast-fashion juggernaut Shein from the US market, its Executive Chairman Donald Tang has told AFP. The head of ...

Forever 21’s US retail operator has filed for bankruptcy after being hit by rising inflation and intense competition in the ...

Canadian small businesses are feeling the threat of Donald Trump’s 25% tariff and are scrambling to understand what will ...

If you can’t beat them join them. That’s the strategy behind saving the Forever 21 name as the last remaining stores are ...

Forever 21 first filed for bankruptcy protection in 2019. It was acquired by a consortium of parties including Authentic ...

But the company was undone by the rising cost of inventory and wages as well as competition from online retailers like Temu and Shein that can skirt import duties and tariffs by shipping goods ...

Competition from online retailers such as Temu and Shein also put pressure on the company. With cost-saving initiatives failing to make up for significant losses, U.S. operator F21 Opco filed for ...

Forever 21 has not helped itself through these challenges: merchandising and the assortment have been lackluster, and the ...

Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, ...

That’s the strategy behind saving the Forever 21 name as the last remaining stores in the US are shuttered and the brand ...