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Forever 21 store closing with “Going Out of Business” signs, reflecting Forever 21’s bankruptcy filing in 2025, store closures, fast fashion struggles, and the impact of Shein and Temu on traditional retail brands.

Forever 21 Files for Bankruptcy Again: A Comprehensive Analysis of Its Retail Decline

Forever 21 has filed for Chapter 11 bankruptcy on March 16, 2025, marking its second bankruptcy in six years. The once-dominant fast-fashion retailer is shutting down all 354 U.S. stores due to rising competition from Shein and Temu, declining mall traffic, and high operational costs. Learn about Forever 21's financial struggles, liquidation plans, and the future of the brand in this in-depth analysis.

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