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Hundreds of Forever 21 U.S. stores will close by the end of March after overwhelming years of economic pressures and relentless competition in the fast fashion space. F21 OpCo, the operator of ...

The operator of Forever 21 has filed for bankruptcy for the second time in six years, citing "competition from foreign fast fashion companies," rising costs and other economic challenges.

Kate Nalepinski is a Newsweek journalist based in New York City. Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. Clothing store Forever 21 has long been synonymous with ...

Forever 21 is filing for bankruptcy amid financial struggles. All U.S. stores are expected to close, with nine in Michigan. Forever 21, which has nine stores in Michigan, is entering bankruptcy ...

Forever 21's U.S. retail operator has filed for bankruptcy, the second time for the brand, which has been battered by diminishing mall traffic, inflation and online competition. The company said ...

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 ...

Clothing retailer Forever 21 is set to close all of its U.S. stores after filing for bankruptcy protection. Photo: Kevin Carter/Getty Images ...

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