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Forever 21 was founded in 1984 and, along with other so-called fast fashion chains like H &M and Zara, rode a wave of popularity among young customers that took off in the mid-1990s.
Forever 21 is planning to close all of its U.S.-based stores as it has filed for bankrupcy for the second time, F21 OpCo, the company behind its operation, has announced.
The jewelry and accessories retailer catered primarily toward tween and teen girls is feeling the pinch from shifting ...
Mall-based teen accessories retailer Claire’s, known for helping to usher in millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing ...
Forever 21 is preparing for a potential bankruptcy filing, as the fashion retailer's cash dwindles and turnaround options fade.
The teen accessory retailer cites debt obligations and competition from online retailers as it enters Chapter 11 proceedings ...
Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar ...
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