Gordon Brothers and Hilco Global announced that they will be operating liquidation sales beginning today, October 8, 2019 at all Forever 21 stores throughout Canada. This announcement comes after Forever XXI ULC (“Forever 21 Canada”) obtained an...
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October 14, 2019, 08:55 AM
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Forever 21, Inc., announced that it and its U.S. subsidiaries have commenced voluntary chapter 11 cases in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Company also announced that its Canadian...
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September 30, 2019, 09:00 AM
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Mall landlords Brookfield Property Partners LP and Simon Property Group Inc. are reportedly in talks to purchase a stake in distressed teen retailer Forever 21 Inc., echoing a similar play for Aeropostale Inc. in 2016.Citing anonymous sources...
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September 23, 2019, 09:00 AM
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Teen retailer Forever 21 is preparing for a potential bankruptcy filing as it works to negotiate with lenders, according to reports from multiple media outlets.According to one report, based on sources who spoke to Bloomberg News, the company has...
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August 29, 2019, 09:00 AM
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