At its peak in 2015, Forever 21 made $4.4 billion in revenue. Today, it’s facing bankruptcy. But what does the franchise’s quickly falling fortune mean for the rest of the fashion industry? Founded in ...

Forbes contributors publish independent expert analyses and insights. I do mergers & acquisitions in retail/consumer and write about trends. Forever 21’s bankruptcy story is a stark lesson in the ...

Forever 21 is now navigating its second bankruptcy in five years. The brand was known for limited-run collections that turned the typical apparel cycle on its head. It also laid the groundwork for ...

Forever 21 isn’t even cool enough to exist anymore. The retailer’s US operating company filed for bankruptcy Sunday — for the second time in six years — in a court in Delaware, citing fierce ...

Throughout most of the 2010s, Forever 21 shoppers were often unknowingly wearing K-pop fashion along with their satin camis and cutout dresses. Subscribe to read this story ad-free Get unlimited ...

At its peak, Forever 21 operated more than 800 stores worldwide and earned billions in revenue. Now, the U.S. operator of the once popular chain plans to close roughly 200 stores as well as its ...