Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Amazon recently raised eyebrows by taking an unexpected step to compete with two of its most significant threats in retail, ...
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 ...
The retailer’s U.S. operating company filed for bankruptcy for the second time in six years, citing fierce competition from ...
Forever 21 stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.
South African online shoppers can now access the Temu site using another one of the country's official languages after the ...
Forever 21 is closing all U.S. stores following its second bankruptcy due to low mall traffic and online competition.
Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, ...
"It's our number one." Experts warn of financial fallout from popular clothing trend: 'If people understood' first appeared ...