Forever 21 Operator Files for Bankruptcy

The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years. Bankruptcies, Fashion and Apparel, Shopping and Retail, Shutdowns (Institutional), Forever 21, Delaware The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years. NYT > Business

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