Forever 21 Will Close 200 Stores

The fast-fashion retail chain Forever 21

is expected to close 200 of its stores. Forever 21 filed for Chapter 11 bankruptcy in September 2019. The store closures will help the clothing brand stay in business while going through the restructuring process.

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Forever 21 will put a strong focus on the United States, Mexico, and South American markets. The retailer will be getting out of international markets like Aisa and Europe.

Many other fast-fashion retailers are having a tough time right now due to consumers choosing to go with other options.

 

 

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