Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Source: CNBC | Published: March 17, 2025, 5:54 p.m.
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de minimis exemption, a trade law loophole.
Read Original Article
Back to News List