Forever 21 was once one of the fastest-growing fashion retailers in the world, laying the groundwork for brands like Temu and ...

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The operator of Forever 21 has filed for bankruptcy for the second time in six years, citing "competition from foreign fast fashion companies," rising costs and other economic challenges.

A Forever 21 store at Santa Monica Place in 2019. The fast fashion company has filed it's second bankruptcy in six years. (Kent Nishimura/Los Angeles Times) Forever 21's U.S. operating company ...

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Forever 21’s U.S. operating company filed for bankruptcy Sunday — for the second time in six years — in a court in Delaware, citing fierce competition from foreign fast fashion retailers.