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

Cash-Strapped Forever 21 Seeks Suitor to Stave Off Liquidation

Looking to bolster your data-driven production capabilities? Join our June 7 webinar to learn how Carhartt is working with Lectra and DXM Inc. to manufacture garments on-demand, accelerate the “test-and-learn” product development process and enhance speed to market.

Bankrupt fast-fashion chain Forever 21 Inc. will test the auction market once it secures a so-called “stalking horse bidder” in the hopes of landing a buyer and avoiding the retail graveyard. According to court records, the Los Angeles-based retailer, which filed for bankruptcy court protection on Sept. 29 after months of speculation, is in talks with a range…

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!