Forever 21: 4 Reasons it Failed & Filed for Bankruptcy
Indigo 9 Digital
FEBRUARY 28, 2023
Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. and ultimately profitability.
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