Its history
What was their first name
Fahion 21
What business model did they have?
Fast fashion
What was the sales peak?
Over 4 Billion dollars
What set backs came with the size of the stores?
They needed a lot of inventory
Is Forever 21 completely gone?
No, they still have some stores overseas
When did forever 21 started?
1984
What differences they had from other fast fashion stores?
They had cheaper and more variety of clothes
When was their sales peak?
2014
When did Forever 21 first filed for bankruptcy?
In 2019
Wich e-commerce brands started compiting with Forever 21?
Shein and Temu
What was it known for?
Selling trndy clothes at low prices
How many stores did they opened?
Over 200 stores internationally
Where was their biggest store?
Times square, New York
Why did they first filed bankruptcy?
Rapid overexpantion and underperformance
Forever 21 partnered with another fast fashion retailer in 2023, Wich one?
Shein
Where was its first store?
Los Anges, California
Why did the became so known?
They got on the latest trends in fashion faster than other retailers
How many stores were over 35,000 square feet?
70 sotres
What percent did the have on e-commerce by the time they first went bankrupt?
16%
Wich companies bought Forever 21?
ABG (Authentic Brand Group), Simon, Brookfield propeties
With how much money did they start?
11,000 dollars
How many teens listed Forever 21 as their favorite brand in 2011?
12%
How big was their biggest store?
How much did stores in Canada, Asia and Europe lost in 2018 and 2019?
10 million dollars on avarage
What gave Forever 21 some finantial wiggle room
One of the companies that bought them owned the space they rent