Forever 21 Files for Second Bankruptcy
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Forever 21 Files for Second Bankruptcy
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About this listen
In March 2025, Forever 21, once a dominant force in the fast-fashion industry, filed for Chapter 11 bankruptcy protection for the second time in six years, leading to the closure of all its U.S. stores. This marked a significant shift in the retail landscape, highlighting the challenges traditional retailers face in adapting to evolving market dynamics.
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