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 ...

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 ...

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.

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 ...

One of the primary reasons for Forever 21's bankruptcy filing is competition from Shein and Temu, something the head of Authentic Brands, the fast fashion retailer's brand and intellectual ...

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 ...

Forever 21 gift cards and store credit must be used by Tuesday; no more returns accepted. The retailer filed for bankruptcy again and is closing all U.S. stores. Competition from Shein and Temu ...

Sell specifically called out a tax loophole used by Shein and Temu to ship clothes and accessories straight to U.S. shoppers. That enables them to avoid paying the import duties that Forever 21 ...

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.