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Fashion retailer Forever 21 considers bankruptcy filing if asset-sale plans fail

Summary by The Straits Times
Company is focused on finding buyers for profitable leases.

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The Straits TimesThe Straits Times

Fashion retailer Forever 21 considers bankruptcy filing if asset-sale plans fail

Company is focused on finding buyers for profitable leases.

·Singapore
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Forever 21 Eyes Another Bankruptcy Filing

Forever 21 may be heading back to bankruptcy court. The fashion clothing retailer is mulling various options to restructure its business for its more than 360 U.S. stores, which have continued to struggle since emerging from bankruptcy five years ago. These options include filing once again for Chapter 11 bankruptcy, The Wall Street Journal reported, citing unnamed sources with knowledge of the deliberations. Forever 21, which was bought out of …

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The Straits Times broke the news in Singapore on Wednesday, February 5, 2025.
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