Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de ...

It was first reported early in the year that Forever 21 was preparing to close at least 200 stores as it prepared to file for ...

President Donald Trump’s sweeping tariffs have given many Americans whiplash. The list of companies announcing price changes as a result is equally daunting. Among the levies Trump has imposed is a 10 ...

Investors call on CEO to give up dual role Supervisory board needs expertise, independence - shareholders Oliver Blume says dual role is "recipe for success" Not intended to last forever, CEO adds ...

Forever 21 has become the latest once-loved brand to close its doors following “competition from foreign fast fashion companies” including Temu and Shein, with its weak online presence failing ...

Here's what to know. The company had been facing financial challenges amid competition from Chinese online discount retailers such as Shein and Temu. Forever 21 had previously announced store ...

and shifting customer preferences" along with decreasing mall traffic and competition from overseas discount companies Temu and Shein as its reasons. Initially, Forever 21 announced in November ...

Forever 21’s financial struggles exemplify the damage caused by this unfair advantage. The company’s chief financial officer explicitly called out Shein and Temu’s exploitation of de minimis ...

Forever 21 is going out of business in the United States ... fueled by fast-fashion giants like Shein and Temu that churn out new clothes constantly (sometimes having a dupe for a celebrity ...

Competition from fast-fashion retailers like Shein and Temu, as well as Amazon, Old Navy, Walmart, Zara and H&M, chipped away at the business, in part by emulating some of Forever 21’s practices.

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.

Forever 21 is the latest addition to the recent list ... specifically named the overseas sites Temu and Shein in a court document supporting the bankruptcy filing. Need a break?