Forever 21 files for bankruptcy, second time in 6 years for fast-fashion retailer Forever 21's U.S. locations and website will stay open and online as the company's operations wind down.

Reuters reported that Forever 21 filed for bankruptcy, with more than $1.58 billion in debt after losing more than $400 million in the last three years.

Forever 21’s US retail operator has filed for bankruptcy after being hit by rising inflation and intense competition in the fast-fashion sector, the second time the brand has entered Chapter 11.

Fast-fashion retailer Forever 21 filed for its second bankruptcy in six years after a failed turnaround effort by its owners, a consortium of shopping-mall landlords and brand manager Authentic ...

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 ...

Forever 21 entered bankruptcy with $1.58 billion in debt, after losing more than $400 million over the last three years. It lost $150 million in 2024 alone, and was projected to lose approximately ...

FOREVER 21 FILES FOR BANKRUPTCY PROTECTION A sign advertising a store-wide sale is displayed in a window at a Forever 21 store that is prepared to close on Feb. 20, 2025 in San Francisco.

Fast-fashion retailer Forever 21 filed for its second bankruptcy in six years after a failed turnaround effort by its owners, a consortium of shopping-mall landlords and brand manager Authentic ...

Retail giant Forever 21, known for its trendy and affordable clothing, has filed for Chapter 11 bankruptcy for the second time. According to Axios, the company operates 354 stores and has over ...

Forever 21’s US retail operator has filed for bankruptcy after being hit by rising inflation and intense competition in the fast-fashion sector, the second time the brand has entered Chapter 11.

Second Forever 21 Bankruptcy. Forever 21 had previously filed for Chapter 11 bankruptcy protection in 2019 and was brought out of it by Sparc Group, a joint venture between multi-brand owner ...

Forever 21’s locations outside of the United States are operated by other licensees and aren’t included in the filings. Pivoting away. The Chapter 11 filing comes as US firms Village Roadshow ...