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Forever 21 Files for Chapter 11 Bankruptcy Again Amidst Fierce Online Competition

Forever 21 Files for Chapter 11 Bankruptcy Again Amidst Fierce Online Competition

BUSINESS - 3/17/2025

In a stunning move, Forever 21 has filed for Chapter 11 bankruptcy for the second time in six years, as dwindling mall traffic and fierce online competition take their toll. The retailer will begin liquidation sales while its trademark may continue under Authentic Brands Group.

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