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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

FEBRUARY 28, 2023

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 is vertically integrated allowing it to go from design to shipping in as little as three days. Large stores are inherently risky. and ultimately profitability.

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