Forever 21 Hits Ch. 11 Again With $1.6B Of Debt, Sale Plan
By Alex Wittenberg ( March 17, 2025, 11:06 AM EDT) -- Fashion retailer Forever 21's U.S. operator has filed for Chapter 11 protection in Delaware bankruptcy court with $1.58 billion of funded debt and plans to wind down operations at its 354 U.S. stores if it fails to find a last-minute buyer for the business....
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