The 21-year operator on Sunday was presented for the second time, and the operation in the country said it would be wind, mounting without pain in the fast fashion sector and in a weak center.
Higher costs and companies have accused of taking advantage of treatments with low-cost package duties from China to weaken the power of the price.
“We could not find a permanent path, our brand-branded company, selling our brand prices and margin.” Sell Brad, F21 High Finance, Eternal 350 store stores approximately 350 stores.
De Miniimis refers to US customs procedures and rates about imported items of less than $ 800 sent to individuals.
President Donald Trumper repealed his administration clause in February as part of new rates imposed in China.
Mega-Mall ends the era
It was founded in Los Angeles in 1984, South Korean immigrants, as long as 21 height was known to make elegant but cheap clothes. 2016. For years, about 800 stores worked worldwide, with 500 in the United States.
But, the rises of e-commerce vendors and slow deaths in American mega Mall, such as 21 and Bonobos parent expression, archived to fail.
“They work in a very competitive atmosphere, as the cost of doing business, is expensive to inflation rates,” Sarah Foss said, legal and restructuring heads, data and analytics, thanks to loans.
The retail sector has failed since 2024 since 2024, and 25 retail chains have been at least two failed since 2016, according to debt data.
F21 OPCO intends to plan settlement sales in our US stores while the judge passes the supervision and marketing process, due to its assets, about $ 500 million worth of $ 500 million.
US stores and websites will be open through the process and international stores will not be affected.
It has liabilities at $ 1 trillion dollars at $ 10 trillion, according to the archive of the Bankruptcy Court in Delaware.
If the sale is successful, as long as 21 said it can move from the wind to the whole wind to facilitate a constant transaction.
Forever 21 before the Bankruptcy Protection was presented in 2019 and the Sparc team took part in the label owner’s real brand team and trade operators in Simon property and BROOKFIELD asset management.
It is owned by the Catalan brand, January 8th.
When Catalonia’s brands were formed, he said it was “exploring strategic possibilities” for the last 21st.
The actual brand will continue to be a trademark and intellectual property of Eternal 21, which could somehow live. His General Manager Jamie Salter last year, forever 21 “I did” the biggest mistake I did. “
2025-03-17 10:27:00
