Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions ...

Bankruptcy watchdog criticized the law firm’s retention because of work for fast-fashion chain’s corporate parent.

The fast-fashion retailer is going out of business and will honor all gift cards and store credit through the end of day on ...

The brand management firm quietly took full ownership of the retailer's trademarks and intellectual property licenses some ...

Forever 21 faces another financial crisis, leading to potential closures across the U.S. In 2025, the brand filed for ...

Forever 21's unsecured creditors, including suppliers and vendors, are facing significant losses under the retailer's restructuring plan, potentially recovering only 3-6 per cent of their USD 433 ...

Forever 21 was hurt by weak mall traffic and mounting online competition in the fast-fashion sector. It claimed in court papers that it faced a competitive disadvantage from the "de minimis ...

Forever 21 customers must use gift cards and store credit by the end of Tuesday as the retailer winds down its U.S.

In March, F21 OpCo filed for Chapter 11 bankruptcy protection for the second time in 6 years, but after citing competition ...