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    Forever 21 Closing Down!! Buy All The Clothes You can!

    Forever 21 prepares for a potential bankruptcy filing.

    Forever 21 Inc., your favorite store, is reportedly preparing for a potential bankruptcy filing. They hired advisers to restructure their debt and seek additional financing, but talks with potential lenders have stalled.

    Filing for Chapter 11 bankruptcy may lead to store closures as they aim to end leases on unprofitable locations. The Los Angeles company hopes this move will help shed unprofitable stores and revitalize the business. Forever 21 started in 1984 as a fast-fashion trendsetter for young women and has expanded to serve a wide variety of shoppers with over 800 stores worldwide.

    How do you feel about this Forever 21 going bankruptcy? In short, leave your thoughts down below!

    Lastly, be sure to keep visiting the Hypefresh site for more news on the culture!

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