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The operator of Forever 21 has filed for bankruptcy for the second time in six years, citing "competition from foreign fast fashion companies," rising costs and other economic challenges.

Listen to more stories on the Noa app. Forever 21 opened in my hometown when I was in middle school, when the opening of a new store at the mall was still a big deal. When the sign first went up ...

Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports. In a statement ...

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 ...

Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. Clothing store Forever 21 has long been synonymous with shopping malls across the United States. The fast-fashion giant ...

Forever 21 filed for bankruptcy protection Sunday, citing competition from fast-fashion online retailers like Shein and Temu as the reason. The Los Angeles-based retailer will begin holding ...

Forever 21 moved closer to shuttering its stores forever. The struggling mall mainstay — which sells $7 t-shirts, $12 dresses and $25 sneakers — is on the verge of filing for bankruptcy after ...