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Forever 21 Said to be Nearing Bankruptcy as Trade War Adds Pressure

A cash crunch at beleaguered Forever 21 could have it filing a Chapter 11 petition for bankruptcy court protection sooner than later. Rumblings of a possible bankruptcy filing surfaced in June, though the fast-fashion retailer has actually been the subject of much financial speculation since 2014. Cash-flow issues have dogged the teen fashion chain for…

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