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Fast-Fashion Seller Forever 21 US Operating Company provided for the second time for the second time in 6 years, DVindling, online retailers
Movement is likely to cancellation for a company that cannot find a buyer for 350 USAs.
The company said international stores were ineffective.
His trademark and intellectual property – still arrested by an organization called the original brand group – can live in a different form.
Mega-Mall cycle ends
E-commerce rising from the slow death of the American Mega Mall is a headline that lasts on Eternal 21. Previously consists of chapters 11 in 2019, and the label holder is the Simon Property Group of the joint venture between the group and Mall operators and Brookfield Asset Management.
Forever 21, at the same time, during the sale and marketing process for sale and marketing process for all assets or assets, can be sold sales in stores, he said.
The company listed the estimated assets for $ 500 million for $ 500 million for $ 100 million, due to a filter in Delaware district. The filing also showed creditors in the range of 10,001 to 25,000.
In a successful sale, the Over-21, said that the operations could be moved away from the full wind to facilitate an ongoing operation.
The company said that stores and website in the United States will remain open and continue to serve customers.
Can live in intellectual property
Forever on January 8, January 21, the previous owner of Forever, SPARC Group and JC Pennea, since 2020, have a catalyst brands through Mall Operators and Simon Property Group.
When the catalyst brands occur, it is called “Explore Strategic Options” for Forever 21.
The original brands will continue to have 21 trademarks and intellectual property, which can live in some form.
Original brands CEO Jamie Salter 21 “The biggest mistake I’ve made” last year is called 21 “biggest mistake”.
In 1984, in Los Angeles, South Korean immigrants were famous among young buyers who were stylish, but in the full-21-sheet, but affected clothing. Until 2016, there were around 800 shops with 500 stores in the United States.
