Forever 21 will close 200 stores amid bankruptcy proceedings by lisettevoytko
The fast-fashion retailerChapter 11 bankruptcy in September, and closing 200 stores allows the company to restructure and may help it stay afloat.
A provision of Chapter 11 allows struggling retailers to easily get out of leases and close stores at a lower cost., Forever 21 will exit most international markets, including Asia, Europe and Canada, and will focus on the U.S., Mexico and Latin America.more stores in the first half of 2019 than the entirety of 2018.over the past 20 years.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forever 21 Closes 200 Stores Amid Bankruptcy ProceedingsThe fast-fashion emporium will reportedly exit its Asia, Europe and Canada markets.
Read more »
Bankrupt Forever 21 is closing 200 storesAs part of its restructuring after filing for bankruptcy last month, Forever 21 will close 200 stores, leaving the fast-fashion chain with a smaller footprint to help it emerge from Chapter 11.
Read more »
Meet Teen Vogue's 21 Under 21: They're Young, Fierce, and Ready to Change the WorldAs we approach the end of a decade defined by youth in action, we’re proud to present this year’s 21under21: a diverse, creative, passionate, inspired class of global citizens taking matters into their own hands.
Read more »
Christie Brinkley's Ex-Husband Peter Cook, 60, Engaged to 21-Year-Old College StudentChristie Brinkley's ex-husband Peter Cook, 60, engaged to 21-year-old college student
Read more »
21 'Brooklyn Nine-Nine' Halloween Heist Details That You Might've Missed The First Time AroundHolt doesn't even trust us with the combination to his safe.
Read more »
Christie Brinkley’s Ex-Husband Peter Cook, 60, Engaged to 21-Year-OldCook is reportedly preparing to marry 21-year-old Alba Jancou, a college student who is almost four decades younger than him.
Read more »