Forever 21 just filed for Chapter 11 bankruptcy protection. But for much of the 2000s, it appeared unstoppable.
Though Forever 21 just filed for Chapter 11 bankruptcy protection, for a period in post-recession America, the fast-fashion retailer showed no signs of stopping. Forever 21 capitalized on consumers who still wanted to look stylish while on a budget. It took over empty storefronts left in the wake of the recession and focused on rapid expansion. Now, as consumer sentiment shifts away from fast fashion, the future of Forever 21 remains unclear. We took a look at Forever 21 in its glory days.
Though Forever 21 just filed for Chapter 11 bankruptcy protection, for a period in post-recession America, the fast-fashion retailer showed no signs of stopping. Forever 21 capitalized on consumers who still wanted to look stylish while on a budget. It took over empty storefronts left in the wake of the recession and focused on rapid expansion. Now, as consumer sentiment shifts away from fast fashion, the future of Forever 21 remains unclear. We took a look at Forever 21 in its glory days.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forever 21 fashion chain files for Chapter 11 bankruptcyForever 21 says it will close up to 178 stores as the fashion chain files for Chapter 11 bankruptcy.
Read more »
Forever 21 files for bankruptcyForever 21, the teenage clothing emporium that rode America's mall boom and bust, said on Sunday that it filed for Chapter 11 bankruptcy.
Read more »
Forever 21 files for bankruptcy, intends to close up to 178 storesForever 21, the teenage clothing emporium that rode America's mall boom and bust, said on Sunday that it filed for Chapter 11 bankruptcy.
Read more »
Apparel retailer Forever 21 files for bankruptcyForever 21, whose aggressive real estate expansion weighed on its finances, has 815 stores globally.
Read more »