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Hundreds of Forever 21 U.S. stores will close by the end of March after overwhelming years of economic pressures and relentless competition in the fast fashion space. F21 OpCo, the operator of ...

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.

It's the end of an era for people who became adults throughout the 2000s to the early 2010s. Forever 21 is closing all of its U.S. storefronts, according to a statement from the company.

Forever 21 filed for Chapter 11 bankruptcy, citing inflationary pressures and increased competition as contributing factors. The company plans to close all of its US stores, including all 23 ...