Forever 21's operator, F21 OpCo ... "Certain non-U.S. online retailers that compete with the (F21 OpCo), such as Temu and Shein, have taken advantage of this exemption and, therefore, have ...

The de minimis rule, letting shipments under $800 dodge duties, has fueled Shein and Temu’s ultra-low prices—think $5 shirts—leaving Forever 21 scrambling. President Trump’s February pause ...

Forever 21 has filed for bankruptcy protection for the second time in six years, citing fierce competition from online fast-fashion giants Shein and Temu as a major factor for its financial struggles.

Forever 21 just filed for its second bankruptcy in five years. The former icon of American fast fashion partly blamed its troubles on Shein and Temu. In particular, the company said the "de ...

But don’t blame the youth: Having been weaned on Forever 21, the most likely Temu shoppers are millennials, followed by Gen X-ers. In this uncertain economy, it’s not just what the people want.

adding that "the final nail in the coffin for a low-cost fast fashion retailer like Forever 21 is having to compete with ultra low-cost online retailers such as Shein and Temu which are able to ...

Critics have said that Forever 21 was too slow to embrace online shopping. The company also faced stiff competition from the likes of Shein and Temu, which churn out trendy items that are cheaper ...

Temu didn’t exist until 2022; Shein took off around the same time. Now, they’re both a primary reason for Forever 21’s downfall, according to John Mercer with the research company Coresight.

Forever 21 said it was closing its headquarters in late ... compete with Chinese online fast-fashion brands, like Shein and Temu. About 200 of the chain's roughly 350 stores were expected to ...

Forever 21 moved closer to shuttering its stores forever ... as it faces stiff competition from Chinese competitors Temu and Shein among others. In 2020, the retailer was acquired for $81 million ...

like Shein and Temu. This is the second time Forever 21's operator has filed for bankruptcy in less than a decade, with the first in 2019. Closing sales should be wrapped up by May 1 ...

like Shein and Temu. This is the second time Forever 21's operator has filed for bankruptcy in less than a decade, with the first in 2019.