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Forever 21 Weighs Repeat Bankruptcy Filing
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Fast-fashion retailer Forever 21 is considering filing for bankruptcy after exiting its last chapter 11 roughly five years ago, according to people familiar with the matter. Mall owners Simon Property Group and Brookfield oration teamed up with brand licensing company Authentic Brands Group to buy Forever 21 out of bankruptcy in 2020, saving the chain from liquidation. Owners of the Forever 21 chain announced last month that they are exploring strategic options for its operations.
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