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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

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Jason & Scot Show Episode 314 – Lovesac Founder and CEO Shawn Nelson

Retail Geek

If I look at the last quarter, I took a little glance at that. Tried to sell them to furniture stores and they laughed at us and told us it was a dumb idea. [3:34] Sean, welcome to the show. Shawn : [1:13] Thank you. Thanks for having me.