iWay Magazine Revista Online

Fashion — Forever 21

Forever 21's new owners face a slowdown in fast fashion

fast fashion Forever 21 owners face slowdown

Forever 21's new owners face a slowdown in fast fashion

Forever 21's new owners face a slowdown in fast fashion The retailer, with rivals Zara and H&M, revolutionized apparel sales. Now they must change. Forever 21 has a new lease on life thanks to the successful $81 million bid assembled by the brand conglomerate Authentic Brands Group and the two mall developers that bought it out of bankruptcy. That's literally true, too — Simon Property Group and Brookfield Property Partners are two of the fast-fashion retailer's major landlords; now they're also two of its major owners, and more stores will likely remain open as a result. But that doesn't mean that things aren't going...

Leer más →