The operator of Forever 21 filed for bankruptcy on Sunday due to growing competition from foreign fast fashion companies, such as Shein and Temu.

Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, ...

Forever 21, which a decade ago was seen as a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time. The operator of Forever 21's ...

Forever 21–the global fast fashion empire launched from a single Highland Park storefront–has filed for bankruptcy. A spokesperson told the BBC that the chain expects to close 350 stores worldwide, or ...

NEW YORK — Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim of its own rapid expansion and changing consumer tastes, has filed for Chapter 11 ...

For the second time since its founding in 1984, the fast-fashion movement leader, Forever 21, has filed for bankruptcy and is expected to close its over 350 U.S. locations and cease all operations in ...

Forever 21 is preparing for a potential bankruptcy filing, as the fashion retailer's cash dwindles and turnaround options fade, according to Bloomberg. The outlet cited people with knowledge of the ...