Shebudgets
Forever 21
Forever 21 was founded in 1984 in Los Angeles, California. The Korean-owned company became one of the biggest fashion retail stores in the world as it always had the trendiest clothes. The company blew up as it wasn’t afraid to change with the times, but recently the company has been struggling to stay alive.
Forever 21 eventually filed for chapter 11 bankruptcy and announced that it would be closing down all of its stores by 2022. The company also announced that it would still stay in business but only operate online, which has worked out for them.