Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise

Thread starter Retail
Start date Mar 17, 2025

Retail

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Mar 17, 2025

Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de minimis exemption, a trade law loophole.

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Title: Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise

Prefix: N/A

Forum: Retail News

Start date: Mar 17, 2025

Last reply date: Mar 17, 2025

Replies: 0

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Created: Retail, Mar 17, 2025

Replies: 0

Views: 8

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