Forever 21, the popular clothing giant for millennials and the like is here to stay. Back in August, Forever 21 announced the closing of hundreds of its stores. As part of the transformation, Forever 21 planned to close more than 200+ stores for a fresh start, but now, only 87 stores are closing, …
Read More »Forever 21 Files For Bankruptcy And Plans To Close Over 150 Stores
The teenage clothing powerhouse Forever 21 has filed for bankruptcy. According to CNN, the chain said it’s planning to overhaul the global business, closing between 300 and 350 stores, including as many as 178 in the United States. In addition to “most of its international locations in Asia and Europe.” …
Read More »Ariana Grande Sues Forever 21 For $10 Million Over Look-Alike Ad Campaign
Superstar Ariana Grande has sued Forever 21 for $10 million, accusing the fashion retailer of trademark infringement for using her name and fame to promote its products and a beauty company started by the daughters of its founders. According to reports, Forever 21 and Grande were discussing a joint marketing …
Read More »Forever 21 Set To File For Bankruptcy
Another one bites the dust! Women’s clothing retailer Forever 21 is reportedly planning to file for bankruptcy protection. According to Bloomberg, Forever 21 hired a team of advisers to help consolidate and restructure their debt, and discuss additional financing; however, negotiations with possible lenders have been stalled. Filing for Chapter …
Read More »Forever 21 Receives Backlash For Featuring White Model Wearing A “Wakanda Forever” Sweater On Their Website
Another fashion retailer is facing backlash over its marketing and promotion, as it pertains to black culture. In the latest incident, Forever 21 shared a photo of its Black Panther-inspired Christmas sweater on a blonde hair, blue-eyed white male model, which, in turn, sparked widespread outrage. The company quickly responded …
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