


| Forever 21 files for bankruptcy, to shut stores in Asia and Europe |
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New York: Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. The firm based in Los Angeles said on Sunday it will close up to 178 stores. Founded in 1984, Forever 21 has 815 stores in 57 countries.
Posted: 2019-10-01 06:01:00
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