Forever 21 will be forever shutting its doors.
A store that we love has filed for Chapter 11 bankruptcy protection.
Yesterday it was announced that it will close up to 178 stores in the U.S. Forever 21 plans to close most of its locations in Asia and Europe but will continue operating in Mexico and Latin America. In Canada, there is currently 44 stores, and these are also effected. Forever 21 Canada said in the statement that its stores will remain open during the liquidation process.
Everyone when the #forever21 bankruptcy sale starts pic.twitter.com/adB1p58h1q
— wydfer (@yatrodgz) September 30, 2019
Forever 21 became popular during the Great Recession, when shoppers were looking for fashion bargains. However, now young customers are losing interest in throw-away clothes and are more interested in buying eco-friendly products.
Feature Image: Forever 21 Banner/ Source: Twitter- @Forever21
- Sarah & Tyler