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Looks like Forever 21, once thought to be going the way of the Do Do Bird, will not only stay in business, but its new owners are set to expand its brand around the world. Authentic Brands Group (ABG), a global brand development, marketing, and entertainment company, announced this week that the acquisition of America's original fast fashion retailer, Forever 21 has been finalized. ABG and Simon Property Group (Simon) […]
Forever 21 is reportedly preparing a bankruptcy filing. If the fashion retailer files, the will join the ranks of other retailers who were thought to be solid, including Sears, The Limited, Wet Seal, Nine West, American Apparel, Claire's and Toys ‘R’ Us who who experienced a similar fate recently. “There are some principles to success in retail and in marketing in general, and … if you fall out a line on those […]
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