U.S.A.: Forever 21 files for bankruptcy, with debts of US$1.58 billion Americas On March 17, 2025, Forever 21 (2021 turnover US$2 billion, last available financial data) filed for bankruptcy in a Delaware court. This includes 354 stores in the USA,…
Shein returns to India with Reliance Retail Asia Blocked since 2020 in India, Shein is back to compete with Myntra (Flipkart) and Zudio (Tata). The group signed a licensing agreement with Reliance Retail Ventures (RRVL),…