Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Amazon recently raised eyebrows by taking an unexpected step to compete with two of its most significant threats in retail, ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation ...
Forever 21's U.S. operating company announced on Sunday that it has filed for Chapter 11 bankruptcy, marking the retailer's ...
The company that operates 350 Forever 21 fashion retailers across the United States has filed for bankruptcy, again.
The floundering clothing company filed for bankruptcy protection for the second time in six years after losing $400 million ...
Forever 21 has filed for bankruptcy again and will shut down all U.S. stores, blaming Shein, Temu, and shifting consumer trends for its downfall.
Shein's executive chairman Donald Tang assures that new US tariffs will not disrupt their business model, emphasizing no ...