Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Forever 21 Enters Into $81 Million Deal to Sell to US Mall Owners

Join Sourcing Journal April 15 at 2 pm ET for a webinar on how to develop agility and plan through the unprecedented coronavirus disruption.

Bankrupt Forever 21 has a new lifeline through an $81 million deal to sell the company’s assets to Authentic Brands Group and its two largest landlords, Simon Property Group and Brookfield Property Partners. The retail chain is seeking permission from a Delaware bankruptcy court to name the group as the so-called “stalking horse” bidder for…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!