Tag: Forever 21

Retail Types, Stores

Will a former H&M exec lead Forever 21 into a bright new future?

February 27, 2020

Via: RetailWire

Authentic Brands Group, Simon Property Group and Brookfield Property Partners rescued Forever 21. Now, the fast-fashion chain’s new owners have found a chief executive officer in the person of Daniel Kulle, a 20-year veteran of H&M. Mr. Kulle most recently […]

Retail Types, Stores

Forever 21’s $81M sale wins court approval

February 12, 2020

Via: Retail Dive

The list of stakeholders who objected ahead of Tuesday’s hearing ran into the dozens. Landlords and suppliers alike are concerned they will lose millions as Forever 21 sells to the buyer group for $81 million, a relatively paltry price for […]

Retail Types, Stores

Forever 21 reaches $81 million deal to sell its retail business to US mall owners and Authentic Brands

February 3, 2020


Forever 21 has reached an $81 million deal to sell its retail business to a group that includes Simon Property Group, Brookfield Property Partners and Authentic Brands. Forever 21 said in a bankruptcy court filing it is seeking approval to […]

E-commerce, Retail Types

Forever 21 relaunches international e-commerce

January 7, 2020

Via: Retail Dive

Forever 21’s bankruptcy for many observers is a sign of the times — of the demand for sustainability and good value that is seen as the catalyst for growth in apparel rental and resale. At least in the U.S., that […]

Retail Types, Stores

These retailers could benefit from Forever 21’s bankruptcy

October 4, 2019

Via: Retail Dive

Forever 21 at its peak did more than $4 billion in sales, drawing in fast-fashion shoppers with low prices. But the company expanded too fast, especially internationally, stretching its supply chain thin and struggling to gain traction with shoppers, according […]

News & Trends

These 28 retailers could go bankrupt in the next year

October 2, 2019

Via: Retail Dive

Forever 21’s Chapter 11 filing is the latest reminder that the economic climate for many sectors of retail is still brutal. So far this year there have been more than 7,000 store closures — more than any full-year total to […]

Retail Types, Stores

Forever 21 reportedly eyeing bankruptcy

August 29, 2019

Via: Retail Dive

It’s been a tough year for fashion retailers. Charming Charlie filed its second bankruptcy inside of two years with plans to liquidate its store operations and put its brand property for sale, while Charlotte Russe also opted to liquidate in […]

Retail Types, Stores

Forever 21 shutting down Chinese e-commerce site

April 26, 2019

Via: Retail Dive

Retailers from Tiffany to Walmart in recent years have set up shop in China in search of sales. The country’s massive population includes a rising middle class and its economic expansion has been the envy of the world for years. […]

Others, Retail Types, Stores, Tech

Forever 21 invests in online styling service DailyLook

October 1, 2018

Via: Retail Dive

This deal is somewhat incongruous, as it has a fast-fashion retailer investing in an upscale, personal styling service. DailyLook not only offers more premium brands compared to rival apparel box service Stitch Fix, but also charges more for its services […]

Customer Engagement, Customer Experience, News & Trends

Study: H&M, Topshop and Forever 21 dominate fast-fashion social engagement

September 21, 2017

Via: Retail Dive

In a new report released today, ShareIQ tracks how fast-fashion brands shared visual content on social media and how successful those brands were in driving engagement, finding that H&M, Topshop/Topman and Forever 21 led the pack in engagements per image […]

Customer Experience, Point of Purchase

Forever 21 Revamps POS Across the Chain

June 29, 2017

Via: Retail Info Systems News

Forever 21 is revamping both its front-end and back-end systems, unifying its POS solution across the chain as well as its peripherals and store technology. The fashion retailer announced that is has selected Toshiba Global Commerce Solutions to provide the […]

News & Trends

Generation Z prefers H&M, Forever 21

April 20, 2017

Via: FierceRetail

In a recent consumer survey, the top apparel retailers for Generation Z shoppers—those aged 20 and under—include fast-fashion chains H&M and Forever 21. Overall and for all demographics, Amazon was rated the most popular way to buy fashion items, but […]

Retail Types, Stores

Forever 21 in big rollout of sister banner

April 6, 2017

Via: Chain Store Age

Forever 21 announced a major expansion of its F21 Red division. The fast-fashion retailer plans to open more than 40 F21 stores across the United States in 2017. The first three are scheduled to open in April, in San Antonio, […]

News & Trends

Amazon and Forever 21 eye American Apparel

January 6, 2017

Via: Internet Retailer Inc. and Forever 21 Inc. are considering making bids for bankrupt retailer American Apparel Inc., according to a person familiar with the situation. Authentic Brands Group LLC, which owns Aeropostale and Juicy Couture, is also mulling an offer, said […]