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Coresight research research calculations will be another wave of retail shutdown in 2025, because inherited companies face ruthless competition.
Hundreds of Eternal 21 US Shop In the fast fashion space, the years will be closed until the end of March after economic pressure and ruthless competition.
F21 Opco, the operator of 21 store and licenses of the brand in the United States, F21 OPCO, Sunday, Delaware for the second time in the Bankruptcy Court.
Forever 21 is likely to close the rest of the shops remaining with the approaching second bankruptcy
“We competed from foreign fast fashion companies from Fast Fast Fashion companies, our prices and margin, as well as rising costs, as well as to increase Economic problems F21 OPCO CFO Brad announced that the F21 OPCO CFO has affected our main customers and consumer trends.
The company continues to search for some or all assets when eliminating US transactions. Sarah Foss, bankruptcy specialist lawyer and a legal head by the borrower, “White knight is not possible to create a white knight to get all or part of retail places.”
Buyers take advantage of post-title sales in San Francisco in San Francisco, San Francisco, California, on December 27, 2007. (David Paul Morris / Getty Images / Getty Images)
According to the court documents, the process of closing the store is more than the first wave of the week’s worst number of 21 weekend.
According to the court documents, the parcels will affect 236 stores, as the company will affect the first wave, because the company will be “interested in obtaining these places as part of a sustainable operation.” The remaining stores are expected to close the doors to a good connection to May 1-1.
US retail sales rose to moderately in February
Foss, fast-fashionable retail chain, when his first visit to September 2019 was the first visit since today, when the company’s first visit to the consortium of 534 stores and sold to the consortium of buyers.
Forever 21 owner created a group of original brands and Simon’s property group, joint venture, Sparc Group, created to protect the company alive in 2019.
Sales in a store in a store, California, in 2025 in California, in a window in a window in California in 2025 in a window in a window in California. (Justin Sullivan / Getty Images)
Fashion Patcher, low-precious party dresses retail chain party party dresses and sewing and sewing and crafts retailers Joann presented them to protect themselves again. Since the beginning of 2024, chapters 20 were issued in 11 chapters, but due to debt data, there have been at least two bankruptcy documents since 2016.
“Like brick and mortar retailers,” Foss, who has a highly competitive retail environment that is expensive and increased in the costs, “the coffin competes with the last nail for a fashionable retailer Ultra cheap valuable online retailers Like Shein and Temu, who can use the freedom of Minimis, who exempted from import duties and tariffs under $ 800.
Sheen and Temu offers a number of products and clothing at low prices. Companies face criticism of work practices, environmental concerns and work ethics such as violations of intellectual property.
In New York, USA, Friday, February 7, 2025 forever 21 store. (Yuki iWamura / Bloomberg Getty Imager / through Getty Images)
Global research head for Coresight Studies John Mercer stressed how competitive pressures from these fast fashion platforms famous in recent years Inflation consumers Using cheap prices, in 2025 will continue to increase retail closing.
The company estimated that it would be 15,000 closings this year. This year, the company predicted the opening of 5,800 stores this year, but resulted in net loss.
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But Foss, this does not mean the end of the company.
Foss, the company’s trademark and intellectual property, which belongs to a branch of the original brand group, is not part of bankruptcy and will live in some form.
