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Il y a 2 jours · Forever 21’s bad news comes hot on the heels of Shein’s filing for an IPO in London earlier this month. The China-based company, expected to be valued at about $63 billion, would not only give ...
Il y a 2 jours · Shein acquired one-third of Forever 21’s parent company in 2023, but retail experts say the relationship is no longer beneficial to the Chinese e-commerce giant.
18 juin 2024 · In August, Shein partnered with SPARC Group — a collaboration between US-based Authentic Brands and Simon Property Group — to broaden its reach from online to the SPARC Group's brick-and-mortar Forever 21 stores.
19 juin 2024 · The 35-year-old US retailer Forever 21, which has said it will shut all of its stores in China, reflects the strain of fierce competition that fast fashion brands face in China.
Il y a 2 jours · Forever 21’s bad news comes hot on the heels of Shein’s filing for an IPO in London earlier this month. The China-based company, expected to be valued at about $63 billion, would not only give a jolt to the rapidly growing e-commerce sector, but would also be one of London’s biggest IPOs in recent memory. Forever 21’s new owner already ...
Il y a 5 jours · Forever 21 is asking some landlords for rent concessions as high as 50% as it faces financial difficulties, according to people familiar with the matter. The legacy fast-fashion player, which ...
Il y a 5 jours · Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned.
