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Forever 21 Bankruptcy Filing Could be Just Weeks Away

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

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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