The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...

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

The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...

Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...

Forever 21 filed for bankruptcy protection on Sunday (March 16) for the second time in six years and is reportedly expected ...

The company said it struggled against other fast fashion retailers like Shein and Temu as it implements an “orderly wind-down ...

With cost-saving initiatives failing to make up for significant losses, Forever 21 filed for Chapter 11 bankruptcy in ...

"Shein and Temu, what they did is they researched retail ... Temu, a newer entrant that sells items well beyond clothes, has the benefit of a monster parent company, the Chinese giant PDD Holdings ...

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

PARIS: Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its ...

And in a race to the bottom, there's always someone willing to go lower. At the moment, that's the Chinese online retailers Temu and Shein, whose rock-bottom prices are proving almost impossible to ...

"So I know we all love Shein, Temu - all of the drop shipping entities - because they give us great cheap clothing. "But a lot of their clothing is made of synthetic materials. "Now you should ...