New York, March 17, 2025 (AFP) - Forever 21 files for bankruptcy, plans US liquidation

NAMPA / AFP

2025-03-17

Apparel retailer Forever 21 said Monday it commenced voluntary bankruptcy proceedings in the United States, beginning plans for an "orderly wind down" of US stores, while pursuing in parallel a possible sale. The fast-fashion giant, in concert with its lenders, plans liquidation sales at US stores "while simultaneously conducting a court?supervised sale and marketing process for some or all of its assets," according to a press release from F21 Op......

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