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Select Fashion: UK clothing chain on brink of collapse with 35 store closures set for this weekend

  • Forever 21 is preparing for potential store closures and may file for bankruptcy soon, according to sources familiar with the situation.
  • Forever 21 intends to close 200 underperforming locations nationwide due to decreased foot traffic and stiff competition, according to experts.
  • Over the years, Forever 21 has reduced its store count from over 500 US locations to about 350.
  • The company stated it is exploring strategic options and reducing costs, supported by shareholders like Authentic Brands and Simon Property Group.
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Sussex ExpressSussex Express
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Select Fashion: UK clothing chain on brink of collapse with 35 store closures set for this weekend

The liquidation process is affecting hundreds of workers as it shuts down stores 😔

·Lewes, United Kingdom
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prwirecenter.com broke the news in on Thursday, March 13, 2025.
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