The United States Forever 21 operators failed on Sunday, as a company in the United States, was well known in the United States, fighting for online vendors.
F21 OPCO, Operator, as well as some US subsidiaries in the bankruptcy court of bankruptcy, a show of forensic documents. The company listed $ 100 million and $ 500 million and $ 500 million and $ 5 billion passive. The company also presented in 2019.
Forever 21 found success in the early 2000s, who sells cheap fashion to young women who are looking for clothes inspired by attractions in attractions, in rock-ground prices. At its summit, he had more than $ 4 billion in annual sales and employed more than 43,000 people around the world in hundreds of stores.
But the retailman was aggressively spread when the technology began to be upon the business.
In 2019 he failed for the first time, after closing more than 30 percent of the United States shops, Before buying the Fails of the Sparc group, a marketplace between real brand groups and Simon Property Group.
In 2023, Sparc signed the agreement with Shein, for Chinese trade for Chinese trading for prices known. Since agreed to buy a third of Sparc’s shares. According to the agreement, one day, the shops within the shops were already in the 21 storeys, forever 21 clothes would be sold at Sinne site.
Forever 21 did not respond immediately to a request for comment.
2025-03-17 05:58:00
