American fashion brand Forever 21 is set to shut down its US operations after filing for bankruptcy for the second time in ...

Thomas Lange, director of the fashion association GermanFashion, commented that the current situation is worrying for the ...

In a shocking twist to the retail space of Atlanta, Forever 21 is shutting down its four stores in the city. This comes as a ...

It survived then as a zombie brand with fewer stores, but the chain has struggled to find life beyond the mall and to compete against fast-growing online rivals, including Shein and Temu that ship ...

The company’s most notable online competitors include Temu and Shein, who take advantage of the “de minimis exemption,” which ...

Forever 21 joins a long list of companies closing stores in the U.S. Last year, major U.S. retailers announced more than ...

Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from ...

Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...

Last year, two other cases from 2023 were reported. Apparel giant under fire after shocking information about its factories comes to light: 'We took the issue extremely seriously' first appeared on ...

Online portals like Temu and Shein — never mind old standbys like Walmart and Costco — have eaten into record sales.