With cost-saving initiatives failing to make up for significant losses, Forever 21 filed for Chapter 11 bankruptcy in ...
Forever 21 Bankruptcy: "We've been unable to find a sustainable path forward, given competition from foreign fast-fashion ...
The apparel company said it has struggled to compete with other fast-fashion retailers amid rising costs and changing ...
F21 OpCo, the U.S.-based operator of Forever 21, has filed for bankruptcy, marking the clothing brand’s second financial collapse. Once a go-to destination for trendy and affordable fashion among ...
Brad Sell, the company’s finance chief, pointed to higher costs and foreign fast-fashion brands using the U.S.’s duty-free rule on cheap packages from ... and customers can still use gift cards for ...
SHEIN’s pop-up is designed to reflect the brand’s global appeal, with an emphasis on inclusivity through its range of sizes ...
Shein has long relied on duty-free shipping to send tens of billions in goods from its Chinese factories to the US. (Reuters pic) Tariffs imposed by the Trump administration will not eject fast ...
The Trump administration has also cast doubt on whether imported packages worth less than US$800 will continue to enjoy duty-free status. Shein - a firm founded in China but now headquartered in ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation strained consumers.