This fast fashion brand has filed for bankruptcy again!
Forever 21 filed for Chapter 11 bankruptcy again, impacted by declining mall traffic and online competition. The company plans liquidation sales while exploring asset sales via court-supervised processes, seeking to avoid a complete shutdown. US stores and website remain operational under Catalyst Brands' ownership.
Forever 21 filed for Chapter 11 bankruptcy again, impacted by declining mall traffic and online competition. The company plans liquidation sales while exploring asset sales via court-supervised processes, seeking to avoid a complete shutdown. US stores and website remain operational under Catalyst Brands' ownership.
