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Forever 21 was once one of the fastest-growing fashion retailers in the world, laying the groundwork for brands like Temu and ...
One of the primary reasons for Forever 21's bankruptcy filing is competition from Shein and Temu, something the head of Authentic Brands, the fast fashion retailer's brand and intellectual ...
“Forever 21 has not helped itself through these challenges: merchandising and the assortment have been lackluster, and the brand has lacked any clear point of view for a long time,” said Neil ...
The company said it struggled against other fast fashion retailers like Shein and Temu as it implements an “orderly wind-down” of its U.S. business.
This is the second time Forever 21's operators has filed for bankruptcy, with the first occurring in 2019. Authentic Brands, Forever 21's brand and intellectual property owner, and mall owners ...
Authentic Brands Group owns the international intellectual property associated with the Forever 21 brand and may license the brand to other operators, F21OpCo said. Jarrod Weber, Global President ...
Forever 21 stores outside the U.S. are operated by other licensees and “will continue operating in the ordinary course,” the company confirmed to PEOPLE. “Authentic Brands Group continues ...
Authentic Brands Group owns the international intellectual property associated with the Forever 21 brand and may license the brand to other operators, F21OpCo said. Jarrod Weber, Global President ...
The Chapter 11 filing is for F21 OpCo LLC, operator of the company’s U.S. stores and licensee of the Forever 21 brand. The retailer’s intellectual property and international operations are not ...
Authentic Brands Group owns the international intellectual property associated with the Forever 21 brand and may license the brand to other operators, F21OpCo said. Jarrod Weber, Global President ...