Forever 21, which was bought out of bankruptcy in 2020 by mall giants Simon Property Group and Brookfield Corp. and Authentic ...

Fashion retailer Forever 21 may have to turn to Chapter 11 administration again if it fails to find a buyer for profitable leases, according to the latest reports.

Forever 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing. Credit: Shutterstock.

The retailer has faced fierce competition from China-founded online discount retailers Shein and Temu. In a bankruptcy, the risk that Forever 21 would liquidate and shut down is high, as it is for ...

The massively oversized stores were always the stranglehold in Forever 21’s operations ... Brookfield Corp., Authentic and Shein as shareholders— has more than $9 billion of revenue and ...

However, Forever 21 has since struggled to compete with ultra-low-cost online retailers like Shein and Temu. This time around, Forever 21 has enlisted restructuring firm BRG to work out how it ...