Forever 21 files for Chapter 11 bankruptcy protection, may close up to 178 US stores
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Fashion retailer Forever 21 filed for Chapter 11 bankruptcy protection Sunday, hobbled by expensive leases and declining mall traffic.

Forever 21 requested court protection from its creditors in a bid to stay in business.

The family-owned company said it would close “most” of its stores in Asia and Europe and up to 178 stores in the U.S.

Forever 21 files for Chapter 11 bankruptcy protection, may close up to 178 US storesForever 21 fashion chain files for Chapter 11 bankruptcy

Fashion retailer Forever 21 files for bankruptcy

 



Forever 21 files for bankruptcy, intends to close up to 178 stores

Forever 21 Files for Bankruptcy, Adding to Retail Apocalypse

Forever 21 files for bankruptcy

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