Forever 21 files for bankruptcy protection and plans multiple store closures

American retailer plans to close up to 178 stores in US and most stores in Europe and Asia

It added: “Our stores are open and it will continue to feel like a normal day – you will not see any changes in our stores, gift cards will continue to be accepted and our policies, including returns and exchanges, remain the same.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Independent /  🏆 80. in UK

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US fashion chain Forever 21 files for bankruptcy protectionThe fast fashion brand has become the latest to come under pressure from online competition and changing tastes.
Read more »

Forever 21 files for bankruptcy protectionThe troubled US fashion retailer said will exit most international operations in Asia and Europe.
Read more »

Forever 21 has filed for bankruptcy350 stores are expected to close
Read more »

US fashion chain Forever 21 files for bankruptcy protectionThe fast fashion brand has become the latest to come under pressure from online competition and changing tastes.
Read more »

Forever 21 files for bankruptcy protectionThe troubled US fashion retailer said will exit most international operations in Asia and Europe.
Read more »