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Forever 21 Bankruptcy Filing Could be Just Weeks Away

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

A Forever 21 bankruptcy filing could come in just a few weeks. The financially-pressured teen fast-fashion chain is said to have selected Prime Clerk as its claims agent. Just last week, Forever 21 was said to have begun talks with possible lenders to provide it with debtor-in-possession (DIP) financing to fund operations once it enters…

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