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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Now popular online fashion retailers began to popup with ASOS launching in 2000, Boohoo and Fashion Nova launching in 2006 and Shein launching in 2008. Shein has grown very fast becoming the most downloaded shopping app on iOS and Android in the United States in May of 2021 with Amazon coming in second. and ultimately profitability.