The U.S. label specialized in teen fashion, which was acquired last year by property-owners Simon Property, Brookfield and Authentic Brands in an unusual move, is now returning to China under a licensing agreement with Lasonic Limited.
Located in Hong Kong, Lasonic manages the Hello Kitty, Little Twin Stars, Spongebob and Pepsi brands under licensing agreements. Forever 21 already started an online business on Pinduoduo and Vip.com, and another online store is announced on Tmall (Alib
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