Even though Forever 21 only retreated from Europe in 2019, the American fast-fashion brand already eyes a return to the 'Old Continent'. A new, Europe-centred webshop should pave the way.
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Authentic Brands Group, Simon Property Group and Brookfield Property Group have finally completed their acquisition of ailing fashion chain Forever 21.
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American fashion chain Forever 21 has filed for bankruptcy protection under the 'Chapter 11' procedure. This will ensure the company is protected from creditors and can undertake a restructuring.
American fashion chain Forever 21 is moving closer to bankruptcy, as final negotiations with potential investors seem to have ended without an agreement.
Fashion label Gucci has decided to file a lawsuit against fashion chain Forever 21 in the United States. The case revolves around several pieces of clothing, all with a blue-red-blue or green-red-green ribbon.
American clothing chain Forever 21 has filed a notice of collective dismissal, which means more all Belgian employees (over 100) will lose their job. Forever 21 has only one Belgian store left, on the Meir in Antwerp.