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.

Forever 21 last filed for bankruptcy in 2019. The company's website was expected to stay online during the wind-down. International stores are not affected by the U.S. bankruptcy filings.

Forever 21's financial issues have hit a breaking point, as the fast fashion retailer has filed for bankruptcy for the second time in six years.

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.

Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, with all locations already beginning going-out-of-business sales.

Forever 21 first filed for bankruptcy protection in 2019. The following year, it was acquired by a consortium of parties including Authentic Brands Group and mall owners Simon Property Group and ...

Forever 21 filed for bankruptcy for a second time after it couldn’t find a buyer for its stores. The retailer has 350 locations in the U.S. as it faces liquidation.

Forever 21 first filed for bankruptcy protection in 2019. The following year, it was acquired by a consortium of parties including Authentic Brands Group and mall owners Simon Property Group and ...

Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, ...

Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies.

Forever 21 first filed for bankruptcy protection in 2019. The following year, it was acquired by a consortium of parties including Authentic Brands Group and mall owners Simon Property Group and ...