Forever 21 files for Chapter 11 bankruptcy, will keep US stores open for now
F21 OpCo, LLC, the company and licensee of the brand in the U.S., filed a Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. Although stores will remain open for now, Forever 21, which is headquartered in Los Angeles, said it will hold liquidation sales at its U.S. stores.
The retail chain Forever 21 announced it will enter bankruptcy proceedings while it seeks a buyer for the financially ...
The clothing retailer previously filed for Chapter 11 bankruptcy protection in 2019. Here’s what the move means for the ...
Forever 21 filed for bankruptcy for the second time on March 16, citing "foreign fast fashion companies" as a source of ...
The international operations and the intellectual property of the fast-fashion business are not a part of the bankruptcy.
Forever 21 stores in the U.S. are poised to go out of business after the company that owns them filed for Chapter 11 ...
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