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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. The expansion was planned even though Forever 21’s sales were flat in 2016.