Published On: Tue, Mar 18th, 2025

Forever 21 files for bankruptcy in U.S. for 2nd time

A Forever 21 store stands in Herald Square in Manhattan.

Forever 21’s U.S. operator on Sunday filed for bankruptcy for the second time in six years and said it would wind down operations in the country, hurt by mounting online competition in the fast-fashion sector and weak mall traffic.

CBC | World News

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Forever 21 files for bankruptcy in U.S. for 2nd time