Fashion retailer Forever 21 may have to turn to Chapter 11 administration again if it fails to find a buyer for profitable leases, according to the latest reports.
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Hosted on MSNIs Forever 21 the Next Fashion Retailer To Go Bankrupt?Should Forever 21's U.S. operating arm file a Chapter 11 petition, it wouldn't impact Authentic Brands' ownership of the brand's IP.
Forever 21, which was bought out of bankruptcy in 2020 by mall giants Simon Property Group and Brookfield Corp. and Authentic ...
The company is struggling with competitive pressure in the apparel sector.
A fashion retailer that was once the go-to store for American teenagers is the latest to to have money problems. There are ...
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