Privacy Policy Banner

We use cookies to improve your experience. By continuing, you agree to our Privacy Policy.

Famous clothing store is declared bankrupt for the second time: What will happen to its operations in Chile?

Famous clothing store is declared bankrupt for the second time: What will happen to its operations in Chile?
Famous clothing store is declared bankrupt for the second time: What will happen to its operations in Chile?

06 may. 2025 – 00:45 hrs.

What happened?

The crisis inside the fashion industry Faced with new various challenges, such as the new and increasingly close competition with online purchase brands such as Shein and Temu, popularized worldwide.

The American firm Forever 21 He accounted for the impact of the crisis and announced the cessation of its operations In the North American country. However, it is not the he does.

Go to the next note

The medium the chronicler reported that F21 OPCO – company operator of Forever 21 stores in the United States – voluntarily welcomed the bankruptcy law, with what Prepare the closure of about 200 branches throughout the territory.

It’s about A scenario similar to 2019, Forever 21 was declared for the first time in bankruptcywhich forced its stores in the United States, Asia and Europe. However, the brand was then bought and “rescued” by the company SPARC Group, with what could resume its operations.

The latest

This time, F21 Opco also showed will for another company to acquire the firm and thus can continue to . However, Your sale has not been successful.

As for Forever 21 operations in Chile, the measures taken in the United States They would not have greater impact on the functioning of their branches in our country at the moment. However, the eventual sale or definitive closure of the brand would end by impacting its activity on the business.

All about economy

-

-
PREV PDI evicted a mansion taken in the curro: three detainees
NEXT Court refuses to leave deprived of liberty to accused of 19 and 15 years shot after trying to steal at Maipú’s house