Forever 21 is a U.S.-only fast-fashion retailer headquartered in Los Angeles, California. The company sells accessories, beauty products, home goods and clothing for women, men and children.
February 5, 2020It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most aggressive brick-and-mortar initiatives in recent ...
February 4, 2020Imagine that you owed your bank or landlord a lot of money. Now imagine that said bank or landlord decided to buy you out. That’s what happened Monday (Feb. 3) ...
February 3, 2020With an offer that establishes a minimum price on the assets of the bankrupt merchant, Forever 21 Inc. came to a deal on Sunday (Feb. 2) to sell the chain ...
January 30, 2020So-called fast fashion has been a big player in retail for years, but that part of the commerce-and-apparel world is facing some serious challenges.
Fast fashion has traditionally appealed to younger ...
January 8, 2020Retail chain Forever 21, now in the final stages of bankruptcy, was sued by an Alabama mall owner who said the company misrepresented critical sale projections, according to published reports ...
December 26, 2019Top-tier malls in the country, once thought to be impervious to the changing retail landscape, have been struggling lately, according to a report by The Wall Street Journal.
Landlords at popular ...
October 4, 2019When Forever 21 filed for bankruptcy earlier this week, there was much bemoaning but not a lot of actual surprise on offer. The chain’s decline was a long-running phenomenon, as ...
October 4, 2019Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. Amazon, in one case, has added a suburban Boston ...
September 30, 2019Fast-fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection. The company said it will close a large number of physical stores worldwide, CNBC reported on Sunday (Sept. 29).
The ...
August 28, 2019One source has revealed that Forever 21 might be filing for bankruptcy.
The retailer has been looking into ways to restructure its business as it deals with struggling sales. But one ...
September 28, 2018In its first venture investment, Forever 21 is backing fashion subscription start-up DailyLook with venture capital fund Upfront. The firms are leading the $8 million investment, which an Upfront partner ...
August 24, 2018Moving beyond text-based online search for its customers, Forever 21 has unveiled visual search for its website and mobile eCommerce platforms. The technology, which is powered by artificial intelligence, was ...
January 2, 2018Forever 21 has provided an update on a payment card data breach that it first reported in mid-November. According to the national clothing retailer, encryption technology on some of its ...
November 17, 2017Sizzle
Singles’ Day is for Lovers (of Global eCommerce): The record set last year for Alibaba’s Singles’ Day gets crushed with this year’s $25 billion in transactions (1.4 billion of them). That ...
November 15, 2017Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores.
According to news from Fortune, customer payment card information was compromised at certain point ...
September 29, 2017Want to wear your love of tacos on your sleeve? And no, we don’t mean sauce stains.
Forever 21 has teamed up with Taco Bell, and the two millennial favorites are ...
May 22, 2017The way people do business day-to-day is changing faster than many companies can keep up with. The shopping experience, ordering food, and how people pay for it all seem to ...
May 22, 2017Capturing the ever-changing mindset of millennials can seem like a continual headache for retailers. From sales shifting to more online shopping to more integrated in-store demands, the retail world has ...
January 5, 2017American Apparel may have some new suitors. Amazon and Forever 21 have reportedly been toying with the idea of acquiring the vying for the troubled clothing retailer.
In fall 2016, American ...
August 10, 2016A lot of different things, according to some new research data, although overall teenage spending does appear to be down from the previous year.
Teenagers are spending money on fashion, beauty ...
July 13, 2016For a while there, it really did look like fast fashion was actually reshaping the fashion retail business, because if millennials want anything, it’s ever more options.
But as sales at ...
September 10, 2014Forever 21 has been sued after a shopper became upset when an E-mail address was demanded and then associated with her payment card data—resulting in unsolicited E-mail pitches—contrary to California ...
August 26, 2014Teen-focused retailers Abercrombie & Fitch, American Eagle Outfitters and Aeropostale have lost their cool image and are now turning to social media and improved supply chains in order to compete ...