The Los Angeles-based apparel firm has been hurt by plunging sales and competition from overseas e-commerce merchants.

Forever 21 stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.

Forever 21, which was founded in Southern California, said it was challenged by competition from fast fashion companies and ...

WASHINGTON — More than 350 Forever 21 clothing stores are beginning liquidation sales across the country as the company files for Chapter 11 bankruptcy protection amid declining mall traffic in ...

Forever 21, which was founded in Los Angeles, will wind down its U.S. business and conduct liquidation sales at stores. Locations outside the U.S. are not included in the Chapter 11 filings.

SAN DIEGO (FOX 5/KUSI) — The popular fast fashion brand Forever 21 officially filed for bankruptcy on Monday and may soon be closing all of its remaining locations. This includes a number of ...

WASHINGTON — More than 350 Forever 21 clothing stores are beginning liquidation sales across the country as the company files for Chapter 11 bankruptcy protection amid declining mall traffic in ...

WASHINGTON — Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online ...