Forever 21 Files For Bankruptcy; Plans To Exit Asia, Europe
PYMNTS
SEPTEMBER 30, 2019
The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. is expected to reach $64 billion by 2028, according to the retail analytics firm GlobalData , CNBC reported. Fast-fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection.
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