WHITEHALL TWP., Pa. – A space that previously housed Forever 21 will soon be occupied by another retailer selling dresses, T-shirts and other clothing in Whitehall Township. Waikiki, a teen and women’s fashion retailer, is coming soon to the space previously occupied by Forever 21 on the Lehigh Valley Mall’s upper level, near the escalators….
Forever 21 was young once and ready to change the world, one improbably inexpensive top at a time. It helped popularize fast fashion in the 2000s by making quick-turnaround knockoffs of runway looks and then selling them cheap in chaotic mall stores. Along with H&M, Zara and Topshop, it inspired much hand-wringing over how fast…
Shoppers say they crave high-quality fashion but are limited by its burgeoning price point. Some are turning to secondhand pieces in search of balance, only to find that it’s not always the best — or most affordable — option, especially for basics. The amount of time it takes to sift through thrift stores or resale…
“Is it ever sad when fast fashion bites the dust?” Kim France, the founding editor of the seminal Condé Nast shopper Lucky and producer of the popular newsletter “Girls of a Certain Age” said on Tuesday, reacting to news that Forever 21 had filed for bankruptcy. The answer depends on how passionate a consumer is…
Listen to article Forever 21, the US-based fast-fashion retailer, has filed for Chapter 11 bankruptcy protection for the second time in six years. The move comes as the company grapples with declining mall traffic, rising costs, and growing competition from online retailers. In a statement released on Sunday, Forever 21 announced that it would begin liquidation sales…
(Reuters) – Fast-fashion retailer Forever 21’s U.S. operating company on Sunday filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling mall traffic and mounting competition from online retailers. The move likely means liquidation for the company, which was unable to find a buyer for its roughly 350 U.S. stores….
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 efforts to find a buyer have floundered, according to Bloomberg. Discount clothing chain, Forever 21, is poised to file for bankruptcy for…