The Los Angeles-based fast fashion retail chain Forever 21 filed for bankruptcy Sunday for the second time in six years after struggling to keep up with competitors.

Forever 21 was young once and ready to change the world, one improbably inexpensive top at a time. It helped popularize fast fashion in the 2000s by making quick-turnaround knockoffs of runway looks ...

"Forever 21 was always a retailer living on borrowed time. Over recent years it has been hit with dual headwinds from a weak apparel market and stiff competition from cheap Chinese marketplaces ...

Larry Meyer, who served as EVP, SVP and board member at Forever 21 over a 12-year span, explained the strategy clearly: customers knew that ‘if I don’t buy it today, the odds were it wouldn ...

Forever 21 will close all of its locations in the U.S. after filing for bankruptcy on Sunday, marking the second bankruptcy filing by the clothing brand in the last six years as the company cited ...

Forever 21's U.S. operating company filed for Chapter 11 bankruptcy on Sunday, marking the second time in six years. F21 OpCo made the move after the retailer, once known for affordable, on-trend ...

Forever 21 is filing for bankruptcy amid financial struggles. All U.S. stores are expected to close, with nine in Michigan. Forever 21, which has nine stores in Michigan, is entering bankruptcy ...

The operator of Forever 21 has filed for bankruptcy for the second time in six years, citing "competition from foreign fast fashion companies," rising costs and other economic challenges.

Forever 21 is facing another bankruptcy. The company that operates the fast-fashion retail brand, called F21 OpCo, LLC, has filed for Chapter 11 bankruptcy protection in a Delaware court.

Forever 21's operator plans to have all of its more than 350 locations vacated before the end of next month following its Chapter 11 bankruptcy filing over the weekend, the company said.

It is the company’s second bankruptcy filing in six years. By Yan Zhuang Forever 21’s operator in the United States filed for bankruptcy on Sunday, as the apparel company, which helped ...