Clothing chain Forever 21 has filed for bankruptcy protection for the second time. Owner F21 OpCo is now determining whether or not the store can continue business with a partner. “While we have evaluated all options to best position the company for the future, we have been unable to find a sustainable path forward, given competition from foreign fast fashion companies,” Chief Financial Officer Brad Sell said, a possible reference to sellers like Shein and Temu. Forever 21 first filed for bankruptcy in 2019 after its mid-1990s and recession-era fame. (newser)
Forever 21 Files For Bankruptcy
Mar 17, 2025 | 8:00 PM