Forever 21 when was it founded

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Quick Links. About Us Forever 21, Inc. The Casual Girl. The Classy Chic. Forever 21 announced its bankruptcy filing in a letter to shoppers in September, writing: "Once we complete a reorganization, Forever 21 will be a stronger, more viable company that is better positioned to prosper for years to come. We look forward to continuing to provide you with the great service and curated assortment of merchandise that you expect from us.

A representative for Forever 21 told Business Insider in a statement at the time that the company planned to close most of its locations in Asia and Europe but to continue operations in the US, Mexico, and Latin America. It planned to close up to stores in the US and as many as globally. Here's the story of the company, from its quick rise to global prominence to its slow downfall into uncertainty.

Source: Business Insider. Source: Forever 21 , Business Insider. Source: Forever Source: Forbes, Business Insider. Source: Fashion Network. In a statement emailed to Business Insider in June, a spokesperson for Forever 21 said: "Forever 21 is speaking with our lenders in the normal course of business and are in compliance with all of our agreements and continue to operate as usual.

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Shoshy Ciment. Forever 21 , once one of the world's leading clothing retailers, has fallen on hard times.